Royal Oak, MI Manufacturing Properties for Lease
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Manufacturing properties for Lease in Nearby Cities
Royal Oak, MI Manufacturing properties Lease Rates & Market Statistics
Explore 2 Manufacturing properties for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 212,705 square feet of properties.
Asking lease rates for Manufacturing properties in Royal Oak start at $6.50 SF/Yr, average $6.50 SF/Yr, and reach $6.50 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $6.50 SF/Yr is 32% below the Michigan state average of $9.53 SF/Yr.
Royal Oak accounts for 6% of the 31 manufacturing properties currently available across Oakland County, where nearby markets include Madison Heights and Troy. Manufacturing properties are one of the more limited space types in Royal Oak, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Flex space (7 listings) elsewhere in the Royal Oak market.
