Redford, MI Manufacturing Properties for Lease
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Redford, MI Manufacturing properties Lease Rates & Market Statistics
Explore 9 Manufacturing properties for lease in Redford, MI on Realmo, a commercial real estate exchange covering the Redford area. The current inventory totals 493,591 square feet of properties.
Asking lease rates for Manufacturing properties in Redford start at $5.75 SF/Yr, average $7.85 SF/Yr, and reach $9.95 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 $7.85 SF/Yr is 5% below the Michigan state average of $8.26 SF/Yr.
Redford accounts for 26% of the 35 manufacturing properties currently available across Wayne County, where nearby markets include Detroit and Livonia. Manufacturing properties make up 15% of the 59 Industrial properties currently for lease in Redford, with asking rates averaging $7.85 SF/Yr — 33% below the citywide Industrial properties average of $11.78 SF/Yr. Tenants comparing options may also consider Flex space (31 listings) and Distribution centers (11 listings) elsewhere in the Redford market.