2022 Office Space Rent & Sales
- $17.93 2022 Avg. Asking Rent
- 26.30% 2022 Office Vacancy Rate
Sterling Heights office price per square foot in 2022 was $17.93 on average. The local office market recorded an average vacancy rate of 26.30% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Sterling Heights Class B Office Space$18.57
- Sterling Heights Class C Office Space$17.73
- Michigan Class A & A+ Office Space$23.64
- Michigan Class B Office Space$21.53
- Michigan Class C Office Space$18.62
Sterling Heights, MI Office Asking Rents by Class
Coworking Spaces in Michigan
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Office building | Address | SF | Completed |
---|---|---|---|
Cambridge Office Park | 43114-43136 Dequindre Rd, 48314 | 9,050 | 2004 |
Liberty Professional Center | 35501 - 35765 Mound Rd, 48310 | 99,820 | 2001 |
Lakeside Circle I | 13900 Lakeside Cir, 48313 | 31,240 | 1999 |
Liberty Pond Office | 33782 Sterling Ponds Blvd, 48312 | 18,472 | 1996 |
Amber Crest Professional Center | 41300-41400 Dequindre Rd, 48314 | 32,000 | 1992 |
Liberty Place | 35801-35875 Mound Rd, 48310 | 94,209 | 1991 |
Liberty Place | 35801-35875 Mound Rd, 48310 | 94,209 | 1991 |
Red Run Plaza | 34843-34863 Schoenherr, 48312 | 7,590 | 1988 |
37300 Dequindre Road | 37300 Dequindre Road, 48310 | 22,004 | 1985 |
Parkside Professional Center | 42140 Van Dyke Avenue, 48314 | 22,000 | 1985 |
Worth noting among recent office completions on the Sterling Heights market is Cambridge Office Park, which is currently the largest new office development in the city, at 9,050 square feet.
See reports for other markets
- Detroit Office Rent Price
- Ann Arbor Office Rent Price
- Southfield Office Rent Price
- Troy Office Rent Price
- Grand Rapids Office Rent Price
- Lansing Office Rent Price
- Farmington Hills Office Rent Price
- New York City Office Rent Price
- Dallas Office Rent Price
- Phoenix Office Rent Price
- Chicago Office Rent Price
- Denver Office Rent Price
- Seattle Office Rent Price
- Los Angeles Office Rent Price
- Miami Office Rent Price
- Washington Office Rent Price
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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. 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.