Bingham Farms Sublease

Bingham Farms

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,390
As of: January 21, 2017

Bingham Farms Rates

Most listings are in the $20's per square foot per year. The Bingham Farms region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 11% decrease in rent.

Compared to the rest of the Metro Detroit market, the Bingham Farms region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Bingham Farms Listing Supply

In the last 90 days, 13 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 8% of the available space 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.

The standard measurement for office space in this area is around 2,390 sqft. Most properties in this area are around 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