Northwest Warren Retail

Northwest Warren

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,700
As of: March 12, 2017

Northwest Warren Rates

The typical asking rate per listing is in the $20's per square foot per year. The Northwest Warren region is experiencing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 35% rise in rent.

Compared to the rest of the Metro Detroit market, the Northwest Warren region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Northwest Warren Listing Supply

In the last 90 days, 3 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,700 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market 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 market. Commute by public transit is the most popular way to get to work amongst Northwest Warren occupants. 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