Redford, MI Conventional Restaurants for Lease
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Redford, MI Conventional restaurants Lease Rates & Market Statistics
Explore 12 Conventional restaurants for lease in Redford, MI on Realmo, a commercial real estate exchange covering the Redford area. The current inventory totals 32,792 square feet of properties — an average of ~2,750 SF per listing.
Asking lease rates for Conventional restaurants in Redford start at $13.04 SF/Yr, average $22.67 SF/Yr, and reach $35 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $22.67 SF/Yr is 9% above the Michigan state average of $20.83 SF/Yr.
Redford accounts for 41% of the 29 conventional restaurants currently available across Wayne County, where nearby markets include Detroit and Canton. Conventional restaurants make up 55% of the 22 Restaurants currently for lease in Redford, with asking rates in line with the citywide Restaurants average. Tenants comparing options may also consider Coffee shops (4 listings) and Bars & Pubs (3 listings) elsewhere in the Redford market.