Royal Oak, MI Office Units for Lease
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Royal Oak, MI Office Units Lease Rates & Market Statistics
Explore 24 Office Units for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 38,481 square feet of properties — an average of ~1,600 SF per listing.
Asking lease rates for Office Units in Royal Oak start at $13 SF/Yr, average $28.41 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 $28.41 SF/Yr is 30% above the Michigan state average of $21.85 SF/Yr.
Royal Oak accounts for 5% of the 458 office units currently available across Oakland County, where nearby markets include Troy and Southfield. Office Units make up 75% of the 32 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 buildings (5 listings) and Medical Office Space (4 listings) elsewhere in the Royal Oak market.
