Average Rent for Office Space in Southfield, MI
Rents for offices in Southfield range between $11 and $24 per square foot, with the market-wide average currently at $16.42 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Southfield, MI
The Southfield, MI market currently features 452 distinct office spaces available for lease, totaling approximately 3.3 million square feet.
Local inventory includes subtypes such as General Office with 360 listings, as well as other property types such as Medical Office and R&D - Office.
Available office spaces range from 152 square feet to 243,400 square feet, with an average size of 7,326 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
1,033,951
5.95%
50k to 100k Sq. Ft.
2,833,051
16.3%
100k to 500k Sq. Ft.
10,290,375
59.22%
500k to 1M Sq. Ft.
3,220,206
18.53%
Of the office inventory in Southfield, 19 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 60 buildings were developed between 1975 and 2000, while the remaining 45 date prior to 1975.
Southfield, MI Office Market Breakdown
The office market in Southfield, MI comprises 104 buildings totaling 17.4 million square feet.
Class A and A+ properties make up 47.95% of the office market in Southfield, while Class B properties total 45.3% of the market and Class C properties take up the remaining 6.75%.
Range
Total Square Feet
Share of Total Office
Class A
7,332,370
42.19%
Class B
8,877,567
51.09%
Class C
1,167,646
6.72%
The market offers substantial flexibility in space configuration, with spaces reaching up to 243,400 square feet and an average square footage of 7,326 across all spaces located here.
24525-24555 Southfield Road, Southfield, MI