Romulus Sublease

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Romulus

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
18,000
As of: February 21, 2017

Romulus Rates

The typical asking rate per listing is in the $10's per square foot per year. The Romulus region is seeing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 18% rise in rent.

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

Romulus Listing Supply

In the last 90 days, 6 listings have been listed, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 18,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1982 and are Class C.

Romulus Community

Market Report

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

Market Data

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

Romulus Submarkets