Average Rent for Office Space in Detroit, MI
Rents for offices in Detroit range between $5 and $35 per square foot, with the market-wide average currently at $20.19 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Detroit, MI
The Detroit, MI market currently features 184 distinct office spaces available for lease, totaling approximately 1.4 million square feet.
Local inventory includes subtypes such as General Office with 85 listings, as well as other property types such as Creative Office and Shared Space.
Available office spaces range from 83 square feet to 150,000 square feet, with an average size of 7,149 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
2,527,132
8.13%
50k to 100k Sq. Ft.
4,238,582
13.63%
100k to 500k Sq. Ft.
12,754,836
41.02%
500k to 1M Sq. Ft.
8,953,667
28.79%
> 1M Sq. Ft.
2,623,204
8.44%
Of the office inventory in Detroit, 25 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 32 buildings were developed between 1975 and 2000, while the remaining 152 date prior to 1975.
Detroit, MI Office Market Breakdown
The office market in Detroit, MI comprises 85 buildings totaling 31.1 million square feet.
Class A and A+ properties make up 35.54% of the office market in Detroit, while Class B properties total 60.24% of the market and Class C properties take up the remaining 4.22%.
Range
Total Square Feet
Share of Total Office
Class A
10,276,286
33.05%
Class B
18,479,784
59.43%
Class C
2,311,772
7.43%
The market offers substantial flexibility in space configuration, with spaces reaching up to 150,000 square feet and an average square footage of 7,149 across all spaces located here.
Best Neighborhoods for Office Space in Detroit, MI
Detroit’s neighborhood with the most office spaces is Lower Woodward, offering 64 listings currently available.
The neighborhoods with the next largest offerings include Downtown Detroit with 52 listings, as well as Middle Woodward, which offers a total of 40 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Lower Woodward
64
383,428
Downtown Detroit
52
559,866
Middle Woodward
40
231,850
Lower East Central
7
73,299
Kettering
3
21,442