Detroit - Shoreway Sublease

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Detroit - Shoreway

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,640
As of: December 9, 2016

Detroit - Shoreway Rates

Most listings are in the $10's per square foot per year. The Detroit - Shoreway region is going through a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.

Compared to the rest of the Cleveland market, the Detroit - Shoreway region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Detroit - Shoreway Listing Supply

In the last 90 days, 3 listings have been listed, which means spaces 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,640 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1880 and are Class B.

Detroit - Shoreway Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Detroit - Shoreway work from home. Commuting close to an hour 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 Detroit - Shoreway.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Detroit - Shoreway.
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