Downtown Royal Oak Sublease

Downtown Royal Oak

Office Space Market Report

Number of Listings (last 90 days)
14
As of: April 25, 2017

Downtown Royal Oak Rates

The typical asking rate per listing is in the $0's per square foot per year. The Downtown Royal Oak submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $33 per sqft per year. That's a 100% decrease in rent.

Downtown Royal Oak Listing Supply

In the last 90 days, 14 listings have come on the market, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 0 and are Class A.

Downtown Royal Oak Community

Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Downtown Royal Oak occupants. Commuting more than 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 Downtown Royal Oak.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Royal Oak.
Research

Royal Oak Submarkets