Westland Retail

Westland

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
1,800
As of: August 21, 2017

Westland Rates

The typical asking rate per listing is in the $40's per square foot per year. The Westland submarket is going through a an increase in rates. In the last 3 months, the median rate went up $45 per sqft per year.

Compared to the rest of the Metro Detroit market, the Westland region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Westland Listing Supply

In the last 90 days, 16 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 19% of the office spaces in the Westland are subleases, so you might be able to snag a great spot on a short term. 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 1,800 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 1975 and are Class C.

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 market. 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