Traverse City, MI Office Units for Lease
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Traverse City, MI Office Units Lease Rates & Market Statistics
Browse 104 Office Units for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 493,052 square feet of properties — an average of ~4,750 SF per listing.
Office Units lease rates in Traverse City range from $8.34 SF/Yr at the entry level to $56.57 SF/Yr at the top of the market, averaging $23.23 SF/Yr. That's a 7x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $23.23 SF/Yr, the local average runs 7% above Michigan's state average of $21.80 SF/Yr.
Traverse City accounts for 99% of the 105 office units currently available across Grand Traverse County, where a nearby market includes Williamsburg. Office Units make up 95% of the 109 Office Spaces currently for lease in Traverse City, with asking rates in line with the citywide Office Spaces average. Tenants comparing options may also consider Office buildings (8 listings) elsewhere in the Traverse City market.