Royal Oak, MI Office Spaces for Lease
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Royal Oak, MI Office Spaces Lease Rates & Market Statistics
Explore 34 Office Spaces for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 111,046 square feet of properties — an average of ~3,250 SF per listing.
Asking lease rates for Office Spaces in Royal Oak start at $12 SF/Yr, average $26.87 SF/Yr, and reach $63.89 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $26.87 SF/Yr is 24% above the Michigan state average of $21.60 SF/Yr.
Royal Oak accounts for 4% of the 959 office spaces currently available across Oakland County, where nearby markets include Southfield and Troy. By space type, the market includes 24 office units, 5 medical office space listings and 5 office buildings — office buildings typically offer the lowest entry point, while office units command the highest rates.
