2024 Office Space Rent & Sales
- $17.30 2024 Avg. Asking Rent
- 24.74% 2024 Office Vacancy Rate
Warren office price per square foot in 2024 was $17.30 on average. The local office market recorded an average vacancy rate of 24.74% 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
Warren, MI Office Asking Rents by Class
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2024 Office Construction in Warren, MI
| Office building | Address | SF | Completed |
|---|---|---|---|
| 13041 East 10 Mile Road | 13041 East 10 Mile Road, 48089 | 9,000 | 2023 |
| 30117 Schoenherr Rd | 30117 Schoenherr Rd, 48088 | 10,920 | 2006 |
| Colby Professional Building | 30229 Schoenherr Road, 48088 | 10,177 | 2006 |
| 24595 Groesbeck Highway - Suite 200 | 24595 Groesbeck Highway - Suite 200, 48089 | 20,400 | 2004 |
| 21635 Ryan Rd | 21635 Ryan Rd, 48091 | 6,365 | 2003 |
| 28405 Van Dyke Ave | 28405 Van Dyke Ave, 48093 | 200,000 | 2001 |
| 28405 Van Dyke Ave | 28405 Van Dyke Ave, 48093 | 200,000 | 2001 |
| 30555 Hoover Road | 30555 Hoover Road, 48093 | 2,074 | 2001 |
| 29703-29753 Hoover Road | 29703-29753 Hoover Road, 48093 | 7,422 | 1998 |
| 29703-29753 Hoover Road | 29703-29753 Hoover Road, 48093 | 7,422 | 1998 |
Worth noting among recent office completions on the Warren market is 13041 East 10 Mile Road, which is currently the largest new office development in the city, at 9,000 square feet.
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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 Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Warren 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 Yardi Research Data can guarantee that the information provided is complete.