Oakland County Sublease

Oakland County

Office Space Market Report

Number of Listings (last 90 days)
779
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,520
As of: December 8, 2016

Oakland County Rates

On average, listings lease in the $20's per square foot per year. The Oakland County submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.

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

Oakland County Listing Supply

In the last 90 days, 711 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available leases in the Oakland County 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 2,580 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 1 floors. Most buildings in this region were built in 1978 and are Class B.

Oakland County Community

Market Report

Trends and status of the commercial real estate market in Oakland County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Oakland County.
Research