Utica Sublease

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Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Utica Rates

On average, listings lease in the $20's per square foot per year. The Utica region is going through a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 7% rise in rent.

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

Utica Listing Supply

In the last 90 days, 16 listings have been made available, which means office spaces might be going fast. 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.

The standard measurement for office space in this area is around 1,660 sqft. Most buildings in this market are close to 1 floors. Most buildings in this area were built in 1991 and are Class B.

Utica Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Most of the folk of Utica work from home. Commuting between 30 and 45 minutes 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 Utica.
Market Report

Market Data

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

Utica Submarkets