Royal Oak Sublease

Royal Oak

Office Space Market Report

Number of Listings (last 90 days)
40
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,300
As of: July 19, 2017

Royal Oak Rates

Compared to the rest of the Metro Detroit market, the Royal Oak submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Royal Oak Listing Supply

In the last 90 days, 40 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the available leases in the Royal Oak 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.

The standard measurement for office space in this area is around 2,300 sqft. Most properties in this market are close to 1 stories. Most buildings in this market were built in 1950 and are Class B.

Royal Oak Community

This market is fairly equally mixed residential and commercial. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Royal Oak residents. Commuting approximately 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 Royal Oak.
Market Report

Market Data

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

Royal Oak Submarkets