2024 Office Space Rent & Sales
- $17.34 2024 Avg. Asking Rent
- 20.70% 2024 Office Vacancy Rate
West Bloomfield office price per square foot in 2024 was $17.34 on average. The local office market recorded an average vacancy rate of 20.70% 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
2024 Average Office Rent per Square Foot
- Michigan Class A & A+ Office Space$23.20
- Michigan Class B Office Space$21.30
- Michigan Class C Office Space$15.30
West Bloomfield, MI Office Asking Rents by Class
2024 Office Vacancy Rates in West Bloomfield
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Bloomfield - Pontiac | $26.52 | 21.77% |
Farmington Hills | $20.88 | 24.08% |
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Office building | Address | SF | Completed |
---|---|---|---|
Yorktowne Executive Offices | 5777 West Maple Road, 48322 | 32,642 | 1996 |
M.L. Orchard Office Building | 6230 Orchard Lake Road, 48322 | 34,040 | 1988 |
7115 Orchard Lake Road | 7115 Orchard Lake Road, 48322 | 27,408 | 1988 |
Westridge Office Center | 7011-7013 Orchard Lake Road, 48322 | 18,412 | 1988 |
5755 W. Maple Road | 5755 W. Maple Road, 48322 | 19,885 | 1987 |
West Bloomfield Corporate Center | 6960 Orchard Lake Road, 48322 | 77,457 | 1986 |
West Bloomfield Professional Village | 5839 West Maple Road, 48322 | 58,000 | 1986 |
Maple Park Office Center | 6024 West Maple Road, 48322 | 57,996 | 1986 |
Beaumont Medical Center - West Bloomfield | 6900 Orchard Lake Road, 48322 | 149,000 | 1985 |
Singh Office Center | 7125 Orchard Lake Road, 48322 | 64,110 | 1985 |
Worth noting among recent office completions on the West Bloomfield market is Yorktowne Executive Offices, which is currently the largest new office development in the city, at 32,642 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all West Bloomfield 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.