Detroit, a city with a rich history in the automotive industry, is an ideal location for Office Space For Lease. With its strategic location on the United States-Canada border, Detroit offers unparalleled access to major transportation hubs, including the Detroit Metropolitan Wayne County Airport and the Amtrak station in New Center. The city's infrastructure is further enhanced by its freight railroads, airports, and freeways, making it an attractive location for businesses seeking to establish a strong presence in the region. Detroit is also home to several major corporations, including General Motors, Ford, and Stellantis North America, as well as a diverse range of educational institutions, such as Wayne State University and the University of Detroit Mercy. The city's cultural landscape is characterized by its vibrant arts scene, with numerous annual events and institutions, including the Electronic Music Festival, International Jazz Festival, and the Detroit Institute of Arts. With its unique blend of history, culture, and economic opportunities, Detroit is an excellent location for businesses seeking to lease Office Space.
With 116 Office Space listings available For Lease, Detroit offers a wide range of options for businesses seeking to establish a presence in the city. Office Space in Detroit is characterized by an average annual rent of $20 USD per square foot, with an average size of 24,387 square feet. The maximum space size available is 446,089 square feet. In addition to Office Space, Detroit also offers a range of other property types, including Coworking Space, which provides flexible and collaborative work environments; Flex Space, which combines office and warehouse space; Medical Offices, which cater to the healthcare industry; and Retail Space, which offers prime locations for businesses seeking to connect with customers. With its diverse range of property types and listings, Detroit is an attractive location for businesses seeking to establish a strong presence in the region.
What is the average size of office space for lease in the Detroit market?
The average size of office space for lease in the Detroit market is 24,387 square feet, with a total of 116 available listings, offering a range of options for businesses of various sizes, from small startups to large corporations, and with an average annual rent of $20 USD per square foot.
Are there different types of office space leases available?
In Detroit, where you can find 116 available office space listings, there are various types of office space leases to suit different business needs, including:
- Full-service leases, which typically include utilities, maintenance, and amenities in the rent, with an average annual rent of $20 USD per square foot;
- Modified gross leases, which combine elements of full-service and net leases, offering a balance between flexibility and cost control;
- Net leases, which require tenants to pay a base rent plus additional expenses, such as utilities, taxes, and insurance, ideal for businesses seeking more control over their space and costs, with average sizes ranging from 24,387 square feet to 446,089 square feet.
