Westland Retail

Westland

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
1,000
As of: February 24, 2017

Westland Rates

Most listings are in the $10's per square foot per year. The Westland submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 25% decline in rent.

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

Westland Listing Supply

In the last 90 days, 14 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this region were built in 1972 and are Class B.

Westland 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. Most of the folk of Westland work from home. Commuting between 20 and 25 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 Westland.
Market Report

Market Data

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

Westland Submarkets