Traverse City, MI Office Buildings for Lease
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Traverse City, MI Office buildings Lease Rates & Market Statistics
Browse 11 Office buildings for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 97,365 square feet of properties — an average of ~8,850 SF per listing.
Office buildings lease rates in Traverse City range from $14.93 SF/Yr at the entry level to $22 SF/Yr at the top of the market, averaging $19.33 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $19.33 SF/Yr, the local average runs 18% below Michigan's state average of $23.57 SF/Yr.
Traverse City accounts for 100% of the 11 office buildings currently available across Grand Traverse County. Office buildings make up 10% of the 109 Office Spaces currently for lease in Traverse City, with asking rates averaging $19.33 SF/Yr — 17% below the citywide Office Spaces average of $23.21 SF/Yr. Tenants comparing options may also consider Office Units (102 listings) elsewhere in the Traverse City market.