Michigan Sublease

Michigan

Office Space Market Report

Number of Listings (last 90 days)
2,726
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,376
As of: February 21, 2017

Michigan Rates

On average, listings lease in the $20's per square foot per year. The Michigan region is going through a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 1% increase in rent.

Michigan Listing Supply

In the last 90 days, 2715 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available space in the Michigan are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,380 sqft. Most buildings in this region are close to 1 stories. Most buildings in this region were built in 1968 and are Class B.

Michigan Community

Market Report

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

Market Data

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