Royal Oak, MI Medical Office Space for Lease
- Madison Heights, MI
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Medical Office Space for Lease in Nearby Cities
Similar Spaces for Sale in Royal Oak, MI
Royal Oak, MI Medical Office Space Lease Rates & Market Statistics
Explore 4 Medical Office Space listings for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 52,850 square feet of properties.
Asking lease rates for Medical Office Space in Royal Oak start at $23 SF/Yr, average $23 SF/Yr, and reach $23 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 $23 SF/Yr is 32% above the Michigan state average of $17.47 SF/Yr.
Royal Oak accounts for 3% of the 149 medical office space listings currently available across Oakland County, where nearby markets include Southfield and Farmington Hills. Medical Office Space is one of the more limited space types in Royal Oak, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Office Units (19 listings) and Office buildings (5 listings) elsewhere in the Royal Oak market.
