Ferndale, MI Conventional Restaurants for Lease
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Conventional restaurants for Lease in Nearby Cities
Ferndale, MI Conventional restaurants Lease Rates & Market Statistics
Browse 2 Conventional restaurants for lease in Ferndale, MI on Realmo, a commercial real estate marketplace serving the Ferndale area.
Conventional restaurants lease rates in Ferndale range from $25 SF/Yr at the entry level to $25 SF/Yr at the top of the market, averaging $25 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $25 SF/Yr, the local average runs 20% above Michigan's state average of $20.86 SF/Yr.
Ferndale accounts for 14% of the 14 conventional restaurants currently available across Oakland County, where nearby markets include Novi and Walled Lake. Conventional restaurants are one of the more limited space types in Ferndale, with just 2 listings currently available — a scarcity worth factoring into lease negotiations.