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 52,202 square feet of properties — an average of ~2,200 SF per listing.
Asking lease rates for Office Units in Royal Oak start at $12 SF/Yr, average $28.74 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 $28.74 SF/Yr is 33% above the Michigan state average of $21.61 SF/Yr.
Royal Oak accounts for 4% of the 570 office units currently available across Oakland County, where nearby markets include Troy and Southfield. Office Units make up 71% of the 34 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: Medical Office Space (5 listings) and Office buildings (5 listings) elsewhere in the Royal Oak market.
