Royal Oak, MI Office Buildings for Lease
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Office buildings for Lease in Nearby Cities
Similar Spaces for Sale in Royal Oak, MI
Royal Oak, MI Office buildings Lease Rates & Market Statistics
Explore 5 Office buildings for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 26,111 square feet of properties.
Asking lease rates for Office buildings in Royal Oak start at $19.50 SF/Yr, average $19.50 SF/Yr, and reach $19.50 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 $19.50 SF/Yr is 15% below the Michigan state average of $22.99 SF/Yr.
Royal Oak accounts for 3% of the 151 office buildings currently available across Oakland County, where nearby markets include Southfield and Troy. Office buildings make up 19% of the 27 Office Spaces currently for lease in Royal Oak, with asking rates in line with the citywide Office Spaces average. Also worth a look for tenants weighing alternatives: Office Units (20 listings) and Medical Office Space (4 listings) elsewhere in the Royal Oak market.