Southfield, MI Industrial Properties for Lease
- Franklin, MI
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Industrial properties for Lease in Nearby Cities
Similar Spaces for Sale in Southfield, MI
Potential Development Sites for Consideration
Southfield, MI Industrial properties Lease Rates & Market Statistics
Explore 12 Industrial properties for lease in Southfield, MI on Realmo, a commercial real estate exchange covering the Southfield area. The current inventory totals 436,682 square feet of properties — an average of ~36,400 SF per listing.
Asking lease rates for Industrial properties in Southfield start at $8.15 SF/Yr, average $9.22 SF/Yr, and reach $10 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $9.22 SF/Yr, the local average runs 15% below Michigan's state average of $10.90 SF/Yr.
Southfield accounts for 5% of the 229 industrial properties currently available across Oakland County, where nearby markets include Troy and Farmington Hills. By space type, the market includes 8 flex space listings and 3 other industrial properties.