Bingham Farms Sublease

Bingham Farms

Office Space Market Report

Number of Listings (last 90 days)
51
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,630
As of: February 23, 2017

Bingham Farms Rates

The typical asking rate per listing is in the $20's per square foot per year. The Bingham Farms submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

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

Bingham Farms Listing Supply

In the last 90 days, 51 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Bingham Farms 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,630 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this area were built in 1979 and are Class B.

Bingham Farms Community

Market Report

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

Market Data

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