Royal Oak, MI Conventional Restaurants for Lease
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Conventional restaurants for Lease in Nearby Cities
Similar Spaces for Sale in Royal Oak, MI
Royal Oak, MI Conventional restaurants Lease Rates & Market Statistics
Explore 1 Conventional restaurants listing for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 2,353 square feet of properties.
Asking lease rates for Conventional restaurants in Royal Oak start at $26 SF/Yr, average $26 SF/Yr, and reach $26 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $26 SF/Yr is 28% above the Michigan state average of $20.28 SF/Yr.
Royal Oak accounts for 5% of the 22 conventional restaurants currently available across Oakland County, where nearby markets include Ferndale and Troy. Conventional restaurants are one of the more limited space types in Royal Oak, with just 1 listing currently available — a scarcity worth factoring into lease negotiations.
