Detroit Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Detroit is $29.20 per square foot, 2.03% higher compared to the previous year.
  • The average sale price for office space in Detroit is $35.83 per square foot, marking an increase of 14.69% compared to 2024.
  • The market’s vacancy rate stands at 22.47%, higher than the state average of Michigan, which is 22.02%.
  • Renting Class A/A+ office space here costs $30.67 per square foot, while Class B averages $28.73 and Class C stands at $20.54.

2025 Office Space Rent & Sales

  • $29.20 2025 Avg. Asking Rent
  • 2.03% Y-o-Y Avg. Asking Rent Change
  • 22.47% 2025 Office Vacancy Rate
  • $10.5M2025 Total Office Sales
  • $35.83Avg. Sale Price/SF

What is the average asking rent price for office space in Detroit?

Average asking rents for office space here stand at $29.20 per square foot. The local office market recorded an average vacancy rate of 22.47% in 2025, unchanged from 22.47% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $10.5M across 4 sales. These transactions commanded an average sale price per square foot of $35.83.

Detroit, MI Office Asking Rents by Class

What is the average office rent per square foot by property class in Detroit?

  • Avg. Asking Rent Class A & A+$30.67
  • Avg. Asking Rent Class B$28.73
  • Avg. Asking Rent Class C$20.54

The average asking rent for Class A and A+ office space stood at $30.67 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Detroit averaged $28.73 per square foot, while the average for Class C space was $20.54 per square foot.

What is the average office rent per square foot by property class in MI?

  • Avg. Asking Rent Class A & A+$22.82
  • Avg. Asking Rent Class B$21.47
  • Avg. Asking Rent Class C$15.43

For comparison, the average rent for Class A and A+ office space in Michigan was $22.82 per square foot. The state-wide average for Class B space was $21.47 per square foot, and Class C office spaces averaged $15.43 per square foot.

Detroit, MI Office Indicators by Submarket

In 2025, the submarket with the lowest office vacancy rate in Detroit was Dearborn at 15.95%. Meanwhile, the highest office vacancy rate in the market was 49.59%, recorded in West Detroit.
Submarket Asking Rents Vacancy Rates
West Detroit $40.00 49.59%
Detroit CBD $29.68 19.48%
Central District $24.94 19.85%
Livonia $18.62 25.19%
East Detroit $18.53 33.71%
Dearborn $17.37 15.95%
Data provided by Yardi Research

Explore Top Office Markets in Michigan

2025 Office Sales Volume

  • $35.832025 Avg. Price per SF
  • 14.69%Y-o-Y Avg. PpSF Change
  • $10.5M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Detroit?

Average sale prices for office space in this market recorded a +14.69% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $35.83 per square foot. For comparison, the statewide Michigan average during the same time period stood at $113.58 per square foot, while the national average was $182.48 per square foot.

Detroit, MI Sale Price per SF Trend

  • Detroit Avg. Sale Price per SF in 2025$35.83
  • Michigan Avg. Sale Price per SF in 2025$113.58

What was the total office sales volume in Detroit in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $10.5M.

  • Detroit, MI Total Office Sales Volume in 2025 $10.5M
  • Detroit, MI Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

2025 Office Construction in Detroit, MI

  • Detroit, MI Total SF completed in 2025 400,000

How much office space was built in Detroit in 2025?

400,000 square feet of new office space was delivered across the market in the previous year. New construction included 1 properties, with an average new property size of 400,000 square feet.

What are the largest recent office completions in Detroit?

The largest recent office completion here is The Block - Hudson's Detroit at 558,000 square feet, completed in 2025. The next largest completions are Orchestra Place and Orchestra Place.

Office building Address SF Completed
The Block - Hudson's Detroit 1208 Woodward Avenue, 48226 558,000 2025
Albert Kahn Building 7430 2nd Avenue, 48202 114,139 2021
Redford Plaza - 27260 Plymouth Road 27260 Plymouth Road, 48239 33,790 2020
Broderick Tower 1570 Woodward Avenue, 48226 9,082 2012
Midtown Detroit Office Space 3939 Woodward Ave, 48201 28,000 2009
21635 Ryan Road 21635 Ryan Road, 48091 6,300 2003
SMG Office Plaza 20844 Harper Avenue, 48225 8,718 2000
Orchestra Place 3663 Woodward Avenue, 48201 169,013 1997
Orchestra Place 3663 Woodward Avenue, 48201 168,810 1997
Glory Super Market Center 7990-8000 W Outer Drive, 48235 58,802 1995
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.