2024 Office Space Rent & Sales
- $12.60 2024 Avg. Asking Rent
- 35.87% 2024 Office Vacancy Rate
Sterling Heights office price per square foot in 2024 was $12.60 on average. The local office market recorded an average vacancy rate of 35.87% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Michigan Class A & A+ Office Space$23.20
- Michigan Class B Office Space$21.30
- Michigan Class C Office Space$15.30
Sterling Heights, MI Office Asking Rents by Class
Office Spaces for Rent in Michigan
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Villages of Capital Pointe | 59219-59259 Van Dyke, 48094 | 23,500 | 2007 |
| Trailside Center | 5979–6067 26 Mile Rd, 48094 | 26,476 | 2006 |
| Lexington Place | 6300 22 Mile, 48317 | 12,023 | 2006 |
| 58047 Van Dyke | 58047 Van Dyke, 48094 | 9,068 | 2005 |
| 8105 Smiley Ave | 8105 Smiley Ave, 48316 | 6,836 | 2005 |
| Glacier Office Plaza | 60005 Campground Rd, 48094 | 14,892 | 2004 |
| 58459 Van Dyke Rd | 58459 Van Dyke Rd, 48094 | 1,768 | 2004 |
| Summit Office Park | 50154 Schoenherr Road, 48315 | 32,473 | 2003 |
| Stoneyview Office Complex | 6060 Stoneyview Drive, 48316 | 8,073 | 2002 |
| 8187 Rhode Dr | 8187 Rhode, 48317 | 5,599 | 2002 |
Worth noting among recent office completions on the Sterling Heights market is Villages of Capital Pointe, which is currently the largest new office development in the city, at 23,500 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Sterling Heights commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.