Detroit, MI Restaurants for Lease
- Marysville, MI
- Ferndale, MI
- Hamtramck, MI
- Highland Park, MI
- Dearborn, MI
- Warren, MI
- Grosse Pointe Park, MI
- Grosse Pointe, MI
Similar Spaces for Sale in Detroit, MI
Detroit, MI Restaurants Lease Rates & Market Statistics
Browse 22 Restaurants for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 62,231 square feet of properties — an average of ~2,850 SF per listing.
Asking lease rates for Restaurants in Detroit start at $13.04 SF/Yr, average $21.89 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 $21.89 SF/Yr is 5% above the Michigan state average of $20.83 SF/Yr.
Detroit accounts for 42% of the 53 restaurants currently available across Wayne County, where nearby markets include Southgate and Canton. By space type, the market includes 12 conventional restaurants, 4 coffee shops and 3 bars & pubs — coffee shops typically offer the lowest entry point, while conventional restaurants command the highest rates.
