2023 Office Space Rent & Sales
- $26.25 2023 Avg. Asking Rent
- 14.37% 2023 Office Vacancy Rate
Rochester Hills office price per square foot in 2023 was $26.25 on average. The local office market recorded an average vacancy rate of 14.37% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Michigan Class A & A+ Office Space$22.86
- Michigan Class B Office Space$21.46
- Michigan Class C Office Space$21.50
Rochester Hills, MI Office Asking Rents by Class
Office Spaces for Rent in Michigan
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2023 Office Construction in Rochester Hills, MI
| Office building | Address | SF | Completed |
|---|---|---|---|
| The Boulevard Shoppes | 1170-1254 Walton Blvd, 48307 | 81,576 | 2009 |
| Gateway of Rochester Hills | 3950 S Rochester Road, 48307 | 43,218 | 1996 |
| Beaumont Medical Center - Rochester Hills | 6700 North Rochester Road, 48306 | 30,406 | 1990 |
| 455 Barclay Cir | 455 Barclay Cir, 48307 | 10,560 | 1990 |
| Hampton Professional Park | 705 - 725 - 745 Barclay Circle, 48307 | 31,063 | 1989 |
| Crooks Road Medical Center | 2840 Crooks Rd, 48309 | 13,000 | 1989 |
| Rivercrest Professional Center | 940 W Avon Rd, 48307 | 35,951 | 1988 |
| Rivercrest Professional Center | 940 W Avon Rd, 48307 | 35,951 | 1988 |
| Midway Office Building | 555 Barclay Circle, 48307 | 16,429 | 1987 |
| Lancaster Office Building | 130 Hampton Circle, 48307 | 10,212 | 1987 |
Worth noting among recent office completions on the Rochester Hills market is The Boulevard Shoppes, which is currently the largest new office development in the city, at 81,576 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Rochester Hills commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.