Canton Sublease

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Canton

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,650
As of: February 22, 2017

Canton Rates

On average, listings lease in the $10's per square foot per year. The Canton submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 37% rise in rent.

Compared to the rest of the Metro Detroit market, the Canton region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.

Canton Listing Supply

In the last 90 days, 11 listings have come on the market, which means leases are probably going fast. 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 1,650 sqft. Most properties in this area are close to 1 stories. Most buildings in this market were built in 1986 and are Class B.

Canton Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Canton folk. 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 Canton.
Market Report

Market Data

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

Wayne Submarkets