Northwest Warren Retail

Northwest Warren

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,500
As of: December 2, 2016

Northwest Warren Rates

The typical asking rate per listing is in the $10's per square foot per year. The Northwest Warren region is seeing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 30% decline in rent.

Compared to the rest of the Metro Detroit market, the Northwest Warren region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Northwest Warren Listing Supply

In the last 90 days, 4 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,380 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1987 and are Class A.

Northwest Warren Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Northwest Warren residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Northwest Warren.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northwest Warren.
Research