Bingham Farms Sublease

Bingham Farms

Office Space Market Report

Number of Listings (last 90 days)
51
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
3,260
As of: August 20, 2017

Bingham Farms Rates

On average, listings lease in the $20's per square foot per year. The Bingham Farms submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

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

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 4% of the office spaces in the Bingham Farms are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this region 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