Farmington Hills Sublease

Farmington Hills

Office Space Market Report

Number of Listings (last 90 days)
168
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,300
As of: May 19, 2017

Farmington Hills Rates

On average, listings lease in the $20's per square foot per year. The Farmington Hills submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Metro Detroit market, the Farmington Hills submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Farmington Hills Listing Supply

In the last 90 days, 168 listings have been posted online, so you'll want to check back regularly for new listings. 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 3,300 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this market were built in 1986 and are Class B.

Farmington Hills Community

Market Report

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

Market Data

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

Farmington Hills Submarkets