What are the different types of commercial real estate?

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate . However, there are three main categories that you are most likely to come across: office, retail, and industrial space . Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Saline commercial real estate market incorporates 180,165 square feet of office space across 4 buildings. Office buildings can also accommodate coworking spaces , which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Saline commercial real estate market includes 207,106 square feet of retail space in a variety of settings. Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Saline market, there is a total of 3,365,385 square feet of industrial property.

What types of commercial real estate are available in Saline, MI?

The largest share of commercial real estate space for lease in Saline is represented by Industrial space , which accounts for 395,117 square feet of available listings. Retail space available in Saline adds up to 50,600 square feet.

What factors affect the price of commercial real estate in Saline, MI?

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

What is the average rent for commercial space in Saline, MI?

The average rent for commercial real estate space listed for lease in Saline is $13.51 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Saline can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

What are the best areas for commercial real estate in Saline, MI?

The best choice of location for commercial space depends on the factors that are most relevant to your business. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type. As such, there are several areas that you could consider to be the best location for commercial real estate in Saline, depending on the property type you are interested in. Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

How do I find a good commercial real estate broker?

Whether or not leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker . In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market , the property type you need representation for, and will handle negotiations on your behalf in your best interest. To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker . Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests. CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

What is the most profitable commercial real estate?

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $18 per square foot.

What is the average size of a commercial property in Saline, MI?

The average size of a commercial property in Saline depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use: In Saline, the average size of an office property is 60,055 square feet. Retail properties here incorporate an average of 34,518 square feet. Industrial space in Saline is in buildings that are, on average 480,769 square feet in size.

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23 Commercial Real Estate Listings in Saline, MI

CRE Market Stats

For Sale | 1.84 Acres Vacant Land

422 E Michigan Avenue | Saline, Saline, MI
For Lease

Contact for pricing
Property

Other
Availability

1 Space

1.84 Acre
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State Street Crossing

6913-6937 State Rd, Saline, Pittsfield Township, MI
For Sale

$1,100,000
Property

Retail

38,000 SF
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For Sale | 1.84 Acres Vacant Land

422 E Michigan Avenue | Saline, Saline, MI
For Sale

$2,300,000
Property

Other
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7700 East Michigan Avenue

7700 East Michigan Avenue, Saline, MI
For Lease

$3.75/SF/YR
Property

Industrial

1,600,000 SF
Availability

1 Space

360,700 SF
Year Built

1966
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8994 Austin Rd Saline Mi 48176

8994 Austin Road, Saline, MI
For Lease

Contact for pricing
Property

Retail

2,703 SF
Availability Contact for availability
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State Street Crossing

6913-6937 State Rd, Saline, Pittsfield Township, MI
For Lease

$28.00/SF/YR
Property

Retail

38,000 SF
Availability

3 Spaces

42,200 SF
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SALINE GALLERY - Retail for Lease

435 E Michigan Ave, Saline, MI
For Lease

$2,864.00/MO
Property

Retail

38,600 SF
Availability

1 Space

2,200 SF
Year Built

1968
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Industrial Park Land

1370 Woodland Drive E, Saline, MI
For Sale

$200,750
Property

Other
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Office / Flex / Warehouse for Lease in Saline

905 Woodland Drive E, Unit 1, Saline, MI
For Lease

$14.00 - $16.00/SF/YR
Property

Office

84,565 SF
Availability

1 Space

14,251 SF
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Downtown Saline Mixed-Use Building

203 W Michigan Ave, Saline, MI
For Lease

Contact for pricing
Property

Other
Availability

1 Space

1,019 SF
Year Built

1975
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3127 S Wagner Road

3127 S Wagner Road, Saline, Ann Arbor, MI
For Sale

$9,500,000
Property

Other

6,000 SF
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Mixed Use | Office | Fitness | Research & Development for Lease

6564 S. State Street, Saline, MI
For Lease

$9.00/SF/YR
Property

Office

32,000 SF
Availability

1 Space

5,700 SF
Year Built

1986
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Retail for Lease - Busch's Market Shopping Center

555 & 557 E. Michigan, Saline, MI
For Lease

$16.50 - $18.00/SF/YR
Property

Retail

88,203 SF
Availability

2 Spaces

4,600 SF
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Office Space in Woodland Tech Center

1705 Woodland Drive E, Saline, MI
For Lease

Contact for pricing
Property

Office
Availability

1 Space

2,875 SF
Year Built

1994
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Frontage on Michigan Ave

9253 W Michigan Ave, Saline, Saline Township, MI
For Sale

$2,304,540
Property

Other
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7700 East Michigan Avenue

7700 East Michigan Avenue, Saline, MI
For Sale

Contact for pricing
Property

Industrial

360,700 SF
Year Built

1960
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1331 E. Michigan Avenue

1331 E. Michigan Avenue, Saline, MI
For Lease

Contact for pricing
Property

Retail

1,600 SF
Availability

1 Space

1,600 SF
View Details (opens in new window)
1400 E Michigan Ave

1400 E Michigan Ave, Saline, MI
For Lease

$7.95/SF/YR
Property

Industrial

34,417 SF
Availability

1 Space

34,417 SF
View Details (opens in new window)
Off Market
8777 Platt Road

8777 Platt Road, Saline, MI
Property

Industrial

989,721 SF
Year Built

2007
Off Market
Avis Farms South Tech Centre

SEC McDowell Place & Interfirst Drive, Saline, Ann Arbor, MI
Property

Office

63,600 SF
Off Market
1715 Woodland Drive

1715 Woodland Drive, Saline, MI
Property

Industrial

130,000 SF
Year Built

1996
Off Market
1445 Barnes Court

1445 Barnes Court, Saline, MI
Property

Industrial

107,780 SF
Year Built

1988
Off Market
6700 South State Road

6700 South State Road, Saline, MI
Property

Industrial

142,767 SF
Year Built

2008