Farmington Sublease

Farmington

Office Space Market Report

Number of Listings (last 90 days)
176
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,660
As of: May 21, 2017

Farmington Rates

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

Compared to the rest of the Metro Detroit market, the Farmington region has greater rates, and you'll need to pay a premium to be in this hot region.

Farmington Listing Supply

In the last 90 days, 176 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,660 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this region were built in 1985 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 region. 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