New Baltimore Sublease

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New Baltimore

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,440
As of: February 21, 2017

New Baltimore Rates

Most listings are in the $10's per square foot per year. The New Baltimore region is going through a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 27% increase in rent.

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

New Baltimore Listing Supply

In the last 90 days, 9 listings have been posted online, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,440 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1990 and are Class B.

New Baltimore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst New Baltimore 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 New Baltimore.
Market Report

Market Data

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

New Baltimore Submarkets