Detroit, MI Office Spaces for Rent
Find your best Detroit, MI office space among 277 for rent listings, which average an asking price of $26.3 per square foot.
Asking prices vary based on the property location, rating, amenities such as proximity to restaurants, cafes, and entertainment venues, as well as convenience of access to public transport, airports, and thoroughfares.
The average rent for office space in Detroit is $26.3 per square foot. The minimum rental rate for office space in Detroit is $18.5 per square foot. Among listings of office space currently available for lease in Detroit, the maximum rental rate is $27 per square foot.
For more details on Detroit office space rent and sales prices, as well as overall market quality and new construction data, see Detroit Office Market Trends.
Most experts recommend an average of between 75 and 150 square feet of office space per person. However, it is important to keep in mind that how much office space you ultimately need depends on your activity and how you need to use the space, as much as it does on how many people it should accommodate. If you already know what size office would best suit your needs, use the available space size filter at the top of the search page to focus your search on the best fit for you.
However, there is a variety of differently sized opportunities below that maximum. For your consideration, the median size of an office space for lease in Detroit is 7,883 square feet, and the average office space size here is 18,197 square feet.
You can find 277 office listing(s) for lease in Detroit, which add up to a total of 5,115,076 square feet. Availability on the market includes a variety of office use types, such as General Office, Medical Office, Creative Office, Street Retail, Restaurant.
The most common office use type currently available for lease in Detroit is General Office, which is offered in 204 or 73.65% of listings. The second-most frequent office use type listed here is Medical Office, which account for 23 or 8.30% of office space currently available.
You can search 15 office sublease listing(s) in Detroit, which amount to a total of 276,995 square feet. Sublease opportunities on the market include General Office, Creative Office, Street Retail. The Detroit neighborhood or submarket with the most sublease listings available is Downtown Detroit.
The best choice of neighborhood for your office space will greatly depend on the elements that are most relevant to your business and your employees. However, a good criterion to start with is to look at the areas of the city that have the highest concentration of office properties, as these areas are generally well connected to transit options and have a good degree of amenity availability.
In Detroit, the greatest concentration of office space for lease opportunities is in Downtown Detroit, Middle Woodward, Lower East Central.
Each individual’s commuting experience will of course be different depending on a number of factors. Check the location description details for the office listings that catch your eye, to get an overview of walkability, access to public transport, the quality of infrastructure dedicated to biking commuters, as well as the proximity to parking facilities, fuel stations, and other essential amenities.
The Detroit office market incorporates a mix of properties of various ages, ratings, construction grades, and other quality indicators. Roughly 62.82% of total office space listings in the city are in properties rated Class A. You will find the highest concentration of Class A office space in the Downtown Detroit neighborhood of Detroit. Class B office space accounts for 20.94% of spaces listed on the leasing market. The neighborhood with the most Class B office space is Downtown Detroit. Class C office space makes up 3.25% of office space available in Detroit.
Buildings completed in and since the year 2000 account for 11.63% of office properties in the city and incorporate a total of 3,402,261 square feet. About 9.3% of office space in Detroit is in buildings that have been renovated at least once since 2000.
Out of the office space listings currently available in Detroit, you can find 50 LEED-certified or LEED-proposed option(s). A total of 7 building(s) here earned a LEED-certification — certification level Gold (3), Silver (2).
There are, of course, a lot of things to factor in when you are looking for office space. Aspects including the accessibility of the location, the quality of the facility, the size of the space, the convenience of nearby amenities, the type and duration of the lease, and of course the cost are all part of the search and decision process. For a quick checklist of what you should take into account when researching the market, consider these seven tips for choosing the best office location for your business. Alternatively, for a comprehensive take on everything to consider when looking for office space, see our in-depth guide to finding office space for small or growing companies. The guide also includes insights from seasoned professionals and can serve as a helpful resource for growing companies, no matter their current size.
Are you looking to lease office space in the vicinity of your current location or in a particular neighborhood of Detroit? Using the interactive map, you can easily navigate to your preferred location and customize your search area around a specific point of interest. Select “Radius” from the Search Mode options menu, click on the map to set your search reference point, and expand the radius to select your desired search area. Browse available listings to find the best office space that meets your location, as well as other business needs.
There are a number of factors that make a city attractive for businesses to relocate or expand, as well as for investors to enhance their portfolios through local acquisitions. Among the most important factors to consider are the size and quality of the local office market, which is an essential component of the local economy.
| Building Size Range | Total Square Feet | Share of Total Office |
|---|---|---|
| 50k to 100k Sq. Ft. | 3,779,085 Sq. Ft. | 10.94% |
| 100k to 500k Sq. Ft. | 13,327,116 Sq. Ft. | 38.57% |
| 500k to 1M Sq. Ft. | 11,340,766 Sq. Ft. | 32.83% |
| > 1M Sq. Ft. | 3,918,302 Sq. Ft. | 11.34% |
| Class | Total Square Feet | Share of Total Office |
|---|---|---|
| Class A | 14,355,574 Sq. Ft. | 41.55% |
| Class B | 18,442,516 Sq. Ft. | 53.38% |
| Class C | 1,750,530 Sq. Ft. | 5.07% |
Office space in Detroit includes some of the largest inter-connected office complexes in the country, including such iconic structures as the Renaissance Center (5.5 million square feet) and the Southfield Town Center (2.2 million square feet). Overall, metro Detroit encompasses one of the largest office markets in the U.S. Moreover, this urban center is home to highly successful real estate developers who have contributed greatly to the city’s economic resurgence by investing in the revitalization of Detroit’s historic properties, converting properties, as well as developing the city suburbs into some of the most affluent in the country.
Midtown Detroit, the central business district, and the riverfront have attracted billions in private and public investment for redevelopment — and it didn’t take long to attract new businesses and new residents. The local economy stands out in emerging technology fields, such as advanced manufacturing, life sciences, and information technology. In fact, metro Detroit’s technology sector ranks among the largest in the U.S. for total employment, as well as percent of employment concentrated within the sector.
The Detroit metropolitan area ranked as the ninth-most innovative metro in the U.S. and continues to show that the Motor City inventive spirit remains strong. Home to several global leaders in both automotive and key automation technologies, the market continues to attract investors and innovators.
Out of the Midwestern markets we analyzed, Detroit stood out as one of the most promising options in terms of how far our budget would stretch for class A office space.
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