Royal Oak, MI Office Spaces for Lease
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Royal Oak, MI Office Spaces Lease Rates & Market Statistics
Explore 32 Office Spaces for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 101,331 square feet of properties — an average of ~3,150 SF per listing.
Asking lease rates for Office Spaces in Royal Oak start at $13 SF/Yr, average $27.31 SF/Yr, and reach $44 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 $27.31 SF/Yr is 26% above the Michigan state average of $21.68 SF/Yr.
Royal Oak accounts for 5% of the 708 office spaces currently available across Oakland County, where nearby markets include Southfield and Troy. By space type, the market includes 24 office units, 5 office buildings and 4 medical office space listings — office buildings typically offer the lowest entry point, while office units command the highest rates.
