Royal Oak, MI Flex Space for Lease
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Flex space for Lease in Nearby Cities
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Royal Oak, MI Flex space Lease Rates & Market Statistics
Explore 6 Flex space listings for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 176,932 square feet of properties.
Asking lease rates for Flex space in Royal Oak start at $6.50 SF/Yr, average $12.97 SF/Yr, and reach $19.43 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $12.97 SF/Yr is 18% above the Michigan state average of $11.01 SF/Yr.
Royal Oak accounts for 4% of the 171 flex space listings currently available across Oakland County, where nearby markets include Troy and Farmington Hills. Flex space listings make up 67% of the 9 Industrial properties currently for lease in Royal Oak, with asking rates averaging $12.97 SF/Yr — 20% above the citywide Industrial properties average of $10.81 SF/Yr.