Please provide a location to search for
Price Option
Price Range
-
Price Type
/
Commercial real estate
Listing Type
Available Space
-
Building Area
-
Listing Added
Coworking
Space Type
Amenities

Filter
Sort by
Save Search

1,114 Commercial Real Estate Listings in Detroit, MI

Next Page

Detroit, MI Commercial Real Estate

There are currently 1,106 commercial listings available in Detroit, MI. These listings include 427 commercial spaces that encompass a total of 13,996,962 square feet. Available commercial spaces in Detroit, MI range in size from 2 square feet to 2,200,000 square feet. A total of 735 off-market commercial properties located in Detroit, MI are also available for research.

Other Popular Searches

Look For Commercial Real Estate Space Near Me

Are you still looking for the commercial real estate space near you that’s perfect for your business? Browse through all available CommercialCafe listings in your area to find the right fit — the space that meets your requirements, right now and for the future. Easily compare sizes, prices, amenities and locations of commercial real estate spaces for rent near me. Expand your search beyond your neighborhood and ZIP code and search our listings in any city or state to find the best fit for your needs, wherever you are in the U.S. The perfect commercial real estate space for rent near Detroit, MI is only one search away.

Detroit, MI Commercial Real Estate Market Overview

Location Photo

Following Detroit’s post-deindustrialization population decline, well-organized private and public investment plans in recent decades have contributed greatly to the economic and cultural resurgence of the city. In fact, through its combination of reinvestment and revamped social policies, Detroit has come to serve as a role model for all areas that are looking to re-energize their urban centers. As a result, commercial real estate in Detroit is now among the most attractive in the nation — to developers and investors alike.

Specifically, the city’s revitalized central business district is home to some of the country’s most impressive commercial complexes, as well as a large number of value-add historic properties, which offer great potential for flexibility of space and can accommodate enterprises of all sizes and operating in any industry. Detroit meets the needs for business growth in an increasingly diverse business environment — home to high tech business incubators; enterprises working in cybersecurity and defense; information technology and software companies. So, it’s no surprise that the region leads the nation in stimulating demand for broadband.

Detroit, MI Commercial Inventory Breakdown

In 2023 the Detroit, MI commercial real estate market totaled 36,720,992 square feet of office spaces, 3,932,789 square feet of office spaces with retail, and 73,372,724 square feet of industrial space.

Office Spaces

Total: 36,720,992 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 4,002,638 SqFt 10.9% of total office
100k to 500k SqFt 14,001,286 SqFt 38.13% of total office
500k to 1M SqFt 12,798,766 SqFt 34.85% of total office
> 1M SqFt 5,918,302 SqFt 16.12% of total office
By class:
Class Total square feet Share of total
Class A+ 898,000 SqFt 2.45% of total office
Class A 14,949,082 SqFt 40.71% of total office
Class B 17,736,481 SqFt 48.3% of total office
Class C 970,359 SqFt 2.64% of total office
Roughly 34.85% of the total office space in Detroit, MI is comprised of properties between 500K to 1M square feet, and buildings between 50k to 100k square feet represent 10.9% of the office inventory.

Class A office space holds a 40.71% share of the overall Detroit, MI office market, while Class B office assets make up approximately 48.3%.

Industrial

Total: 73,372,724 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 10,637,738 SqFt 14.5% of total industrial
100k to 500k SqFt 31,007,969 SqFt 42.26% of total industrial
500k to 1M SqFt 9,816,674 SqFt 13.38% of total industrial
> 1M SqFt 21,910,343 SqFt 29.86% of total industrial
By class:
Class Total square feet Share of total
Class A 18,050,083 SqFt 24.6% of total industrial
Class B 32,589,863 SqFt 44.42% of total industrial
Class C 21,055,686 SqFt 28.7% of total industrial
There are 31,007,969 square feet of commercial real estate properties between 100k to 500k square feet, representing 42.26% of the Detroit, MI industrial inventory. Class A assets total 18,050,083 square feet of industrial space, with an additional 32,589,863 square feet of Class B and 21,055,686 square feet of Class C properties.

Office Spaces with Retail

Total: 3,932,789 SF

Data provided by Yardi Matrix, properties over 50k SF
By square footage range:
Range Total square feet Share of total
50k to 100k SqFt 1,385,725 SqFt 35.24% of total office with retail
100k to 500k SqFt 2,547,064 SqFt 64.76% of total office with retail

Detroit, MI Currently Available Listings & Spaces

Number of Available Listings
City Property Type Count of listings Total SF
Detroit, MI Office 94 5,375,724
Detroit, MI Retail 120 451,111
Detroit, MI Industrial 93 4,444,002
Detroit, MI Other 403 10,862,879
Ofice Icon

94

Office

Industrial Icon

93

Industrial

Retail Icon

120

Retail

Current local active listing encompass 21,133,716 square feet of commercial space for lease in Detroit. There are 94 active office listings, which amount to 5,375,724 square feet and account for 13% of commercial spaces on the market. Local retail availability includes 451,111 square feet across 120 listings. Current industrial offerings on the market amount to 4,444,002 square feet across a total of 93.

Employment in Detroit, MI

Employed Population 261,192

Employed population - Industry % Distribution

Production, transportation, and material moving occupations
26%
Management, business, science, and arts occupations
25%
Service occupations
24%
Sales and office occupations
20%
Natural resources, construction, and maintenance occupations
6%

In 2021, roughly 26% of a total of 261,192 employed in Detroit worked in Production, transportation, and material moving occupations, followed by 25% in Management, business, science, and arts occupations and 24% in Service occupations.

Income per capita $21,044  Median household income $33,965

Household income

Under $50k
66%
$50k - $100k
24%
$100k - $200k
9%
Over $200k
2%

The median household income in Detroit stands at $33,965, with per capita income at $21,044. Households earning between $50k and $100k represent 24% of the total, while those earning over $200k make up 2%. Approximately 66% of Detroit households earn less than $50k per year.

Commuting in Detroit, MI

Mean travel time to work 25 minutes

Means of transportation to work

DroveAlone
68.40%
Carpool
14.20%
Public transit
7.50%
Bicycle
0.50%
Walking
3.50%
Work at Home
2.40%
Other
3.50%

*Universe: Workers 16 and over

The mean travel time to work in Detroit in 2021 was 25 minutes. Around 68.40% of workers commute by Driving alone, 14.20% Carpool and 7.50% by Public transit.

Education in Detroit, MI

High school grad or higher 84%

Bachelor's degree or higher 17%

Population by minimum level of education

No degree
16%
High school
35%
Some College
32%
Bachelor's
10%
Post-grad
7%

*Universe: Workers 25 and over

An estimated 84% of Detroit residents aged 25 or over hold a high school degree or higher. Of those, 35% are high school graduates, 32% attended some college, 10% earned a bachelor's degree, with an additional 7% holding post-graduate degrees.

Detroit, MI Demographics

As of 2021, Detroit had a total population of 670,052, with a median age of 35.00 years. Roughly 64.50% of the total population was between the ages of 16 and 64 years old.

Market News

The CommercialCafe blog tracks CRE trends, market and industry news together with the latest coworking trends.

Top Green Coworking Spaces in the U.S.

Top Green Coworking Spaces in the U.S.

November 04, 2019

Are You Living in One of the Cities Where Commuting Time Increased the Most or Least?

Are You Living in One of the Cities Where Commuting Time Increased the Most or Least?

August 13, 2019

2019 US Office Pipeline – NYC, the Bay Area and San Francisco Set to Deliver 33 MSF of Office Space

2019 US Office Pipeline – NYC, the Bay Area and San Francisco Set to Deliver 33 MSF of Office Space

April 10, 2019

United States Canada