West Bloomfield Sublease

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West Bloomfield

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,500
As of: December 3, 2016

West Bloomfield Rates

The typical asking rate per listing is in the $20's per square foot per year. The West Bloomfield submarket is going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% rise in rent.

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

West Bloomfield Listing Supply

In the last 90 days, 6 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 1,500 sqft. Most properties in this market are around 1 stories. Most buildings in this region were built in 1985 and are Class B.

West Bloomfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst West Bloomfield residents. Commuting close to an hour and a half 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 West Bloomfield.
Market Report

Market Data

Real time and historical data on commercial real estate listings in West Bloomfield.
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