Farmington Sublease

Farmington

Office Space Market Report

Number of Listings (last 90 days)
131
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,250
As of: January 23, 2017

Farmington Rates

Most listings are in the $20's per square foot per year. The Farmington region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

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

Farmington Listing Supply

In the last 90 days, 131 listings have been listed, so you'll want to check back regularly for new listings. 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 2,250 sqft. Most buildings in this area are around 1 floors. Most buildings in this area were built in 1984 and are Class B.

Farmington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Farmington folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

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 Hills Submarkets