Traverse City Sublease

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Traverse City

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,000
As of: June 24, 2017

Traverse City Rates

The typical asking rate per listing is in the $20's per square foot per year. The Traverse City submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $24 per sqft per year.

Traverse City Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the available space in the Traverse City 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 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1982 and are Class Class A.

Traverse City Community

Market Report

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

Market Data

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

Traverse City Submarkets