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: January 19, 2017

Detroit - Shoreway Rates

Most listings are in the $10's per square foot per year. The Detroit - Shoreway submarket 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 submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Detroit - Shoreway Listing Supply

In the last 90 days, 3 listings have been made available, which means office 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,640 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. 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 region. Most of the occupants of Detroit - Shoreway work from home. Commuting approximately 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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