Utica Sublease

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Utica

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,330
As of: December 2, 2016

Utica Rates

On average, listings lease in the $20's per square foot per year. The Utica region is seeing a decline in rates. In the last 3 months, the median rate fell $24 per sqft per year. That's a 51% decrease in rent.

Compared to the rest of the Metro Detroit market, the Utica region has higher rates, and you'll need to make a great offer to be in this hot submarket.

Utica Listing Supply

In the last 90 days, 8 listings have been listed, which means new listings most likley are 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,330 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this area were built in 1976 and are Class B.

Utica Community

Market Report

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

Market Data

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

Utica Submarkets