Detroit Aerotropolis Overview
Photo Credit: Ken Lund via VisualHunt.com

Real Estate Costs

The following section provides estimates of various aspects of operating a business in the Detroit Region Aerotropolis, as well as information about access and transportation.

MANUFACTURING SURVEY

Rent Per SF $4.62
Vacancy Rate 1.70%
Vacant SF 329,700
Available SF 1,535,211
Existing Buildings 396
Existing SF 19,064,552
Sales Price Per SF $32
Asking Price Per SF $51 ($43.5 year average)

DISTRIBUTION SURVEY

Rent Per SF $5.01
Vacancy Rate 0.30%
Vacant SF 8,120
Available SF 423,098
Existing Buildings 22
Existing SF 2,813,041
Asking Price Per SF $45

WAREHOUSE SURVEY

Rent Per SF $4.25
Vacancy Rate 3.70%
Vacant SF 300,530
Available SF 957,078
Existing Buildings 222
Existing SF 8,130,910
Sale Price Per SF $27
Asking Price Per SF $56

HIGH TECH OFFICE (5 YR AVG)

Gross Rent Per SF $19.24
Vacancy Rate 1.70%
Vacant SF 13,801
Available SF 167,174