The total supply of commercial real estate in Michigan accounts for over 1,4 parcels, which are distributed around 83 counties. Premises available for lease in the state arrive at the market in various sizes, in such a way, they can meet the demands of the vast target audience. There are freestanding and mix-use commercial properties in Michigan, and most of them are found in the top business hubs - Detroit, Warren, Monroe, Sterling Heights, etc. The entire commercial real estate market in Michigan boasts a high number of venues that have been built within the 1950-1980s. Up to now, these properties went through the processes of renovation and transformation, becoming more appealing and competitive. New constructions are also available for rent, attracting tenants by their award-winning locations, facilities, and, very often, flexibility. Michigan’s commercial leases are also affordable in terms of pricing. Thus, in some locations of the state, you will be able to rent office suites for less than a dollar per square foot per month. The average rental price for such work suites doesn’t exceed $2, respectively. The industrial submarket of the state boasts premises from small warehouses to large distribution centers in all price ranges - from about $0,3 to $2 per sq.ft. per month. Retail properties also vary in sizes, yet, all of them boast excellent accessibility and are found in areas with high pedestrian and transport traffic. The leasing fees for shops can reach $3 per sq.ft., accordingly.
Tired from looking for your ideal commercial property for rent in Michigan? Contact MatchOffice, and this process will become a real pleasure for you. We offer professional assistance and the possibility of contacting the landlord directly to discuss all the issues regarding rent.
