** Macomb Market Update - September 2020 ------------------------------------------------------------ ** ------------------------------------------------------------ Vacancy and Rental Rates Macomb Industrial Space 1.9% Vacant $7.20 per SF Average Rental Rate Macomb Office Space 7% Vacant $17.72 per SF Average Rental Rate Macomb Retail Space 5.5% Vacant $15.44 per SF Average Rental Rate For Sale Asking Rate Average Macomb Industrial Space $62 per SF Macomb Office Space $100 per SF Macomb Retail Space $118 per SF This email is provided as a service to clients, colleagues, and friends of the Pilot Property Group. Let us know if you need any other detailed research or market specific information. And, as always, let us know how we can help with any pending needs or vacancies. We have more buyers than properties available for both user's and investors in Macomb County. If you have ever wondered the current value of any of your buildings please let me know the address and I will conduct a broker opinion of value and help you get a better idea of the true value in today's market.