Allen Park Sublease

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Allen Park

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
6,100
As of: June 24, 2017

Allen Park Rates

The typical asking rate per listing is in the $10's per square foot per year. The Allen Park submarket is going through a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.

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

Allen Park Listing Supply

In the last 90 days, 8 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Allen Park are subleases, so you might be able to find a shorter term or below market rent. 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 6,100 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this region were built in 1967 and are Class C.

Allen Park Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Allen Park folk. Commuting around an hour 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 Allen Park.
Market Report

Market Data

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

Allen Park Submarkets