Farmington Sublease

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Farmington

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
900
As of: February 24, 2017

Farmington Rates

On average, listings lease in the $10's per square foot per year. The Farmington region is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 22% decrease in rent.

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

Farmington Listing Supply

In the last 90 days, 16 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 900 sqft. Most buildings in this market are close to 1 stories. Most buildings in this region were built in 1962 and are Class B.

Farmington Community

Market Report

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

Market Data

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

Farmington Submarkets