Rochester Sublease

Rochester

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
7,070
As of: July 19, 2017

Rochester Rates

Most listings are in the $20's per square foot per year. The Rochester region is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 30% decrease in rent.

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

Rochester Listing Supply

In the last 90 days, 15 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Rochester are subleases, so you might be able to snag a great spot on a short term. 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 7,070 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1987 and are Class B.

Rochester Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Rochester residents. 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 Rochester.
Market Report

Market Data

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

Rochester Hills Submarkets