Metro Detroit Sublease

Metro Detroit

Office Space Market Report

Number of Listings (last 90 days)
1,923
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,560
As of: February 22, 2017

Metro Detroit Rates

Most listings are in the $20's per square foot per year. The Metro Detroit submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

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

Metro Detroit Listing Supply

In the last 90 days, 1889 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the listings in the Metro Detroit are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 1 floors. Most buildings in this market were built in 1975 and are Class B.

Metro Detroit Community

Market Report

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

Market Data

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