Warren Retail

Warren

Office Space Market Report

Number of Listings (last 90 days)
30
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
2,920
As of: February 24, 2017

Warren Rates

On average, listings lease in the $20's per square foot per year. The Warren region is going through a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the Metro Detroit market, the Warren submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Warren Listing Supply

In the last 90 days, 30 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,920 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this region were built in 1970 and are Class B.

Warren Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Warren residents. Commuting under 5 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 Warren.
Market Report

Market Data

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