Corktown / Michigan Central is a prime-tier Detroit submarket with average asking rent around $30/sqft/yr.

  • Average asking rent: $30/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $26/sqft/yr ($26 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at prime tier.

Corktown / Michigan Central, Detroit office rents and availability

Corktown / Michigan Central is a prime-tier Detroit submarket with average asking rent around $30/sqft/yr.

TL;DR

  • Average asking rent: $30/sqft/yr.
  • Tier: prime.
  • Citywide Class A rent context: $26/sqft/yr ($26 USD).
  • Citywide vacancy: 22.6% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Corktown / Michigan Central averages around $30/sqft/yr for Class A, against a citywide Class A index of 26. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Ford's mobility innovation district. Mobility (Ford autonomous vehicles), tech, software, advanced manufacturing.

Key facts

cityDetroit
submarketCorktown / Michigan Central
tierprime
averageRentLocal$30/sqft/yr
cityClassARentUsd$26/sqft/yr
cityVacancyPct22.6%

Frequently asked questions

What is the average Class A rent in Corktown / Michigan Central, Detroit?
Around $30/sqft/yr. The citywide Class A index sits at $26/sqft/yr.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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