Monroe, MI Strip Malls for Lease
Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Monroe, MI
Monroe, MI Strip malls Lease Rates & Market Statistics
Explore 7 Strip malls for lease in Monroe, MI on Realmo, a commercial real estate exchange covering the Monroe area. The current inventory totals 17,649 square feet of properties.
Strip malls lease rates in Monroe range from $13 SF/Yr at the entry level to $18 SF/Yr at the top of the market, averaging $15.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15.50 SF/Yr, the local average runs 7% above Michigan's state average of $14.42 SF/Yr.
Monroe accounts for 58% of the 12 strip malls currently available across Monroe County, where nearby markets include Newport and Temperance. Strip malls make up 19% of the 36 Retail properties & Spaces currently for lease in Monroe, with asking rates averaging $15.50 SF/Yr — 27% below the citywide Retail properties & Spaces average of $21.25 SF/Yr. Also worth a look for tenants weighing alternatives: Shopping centers (12 listings) and Storefront properties (7 listings) elsewhere in the Monroe market.
