Detroit, MI Retail Properties & Spaces for Lease
- Marysville, MI
- Ferndale, MI
- Hamtramck, MI
- Highland Park, MI
- Dearborn, MI
- Warren, MI
- Grosse Pointe Park, MI
- Grosse Pointe, MI
Detroit, MI Retail properties & Spaces Lease Rates & Market Statistics
Browse 160 Retail properties & Spaces for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 1,137,087 square feet of properties — an average of ~7,100 SF per listing.
Asking lease rates for Retail properties & Spaces in Detroit start at $5.35 SF/Yr, average $20.10 SF/Yr, and reach $100 SF/Yr at the top of the market. That's a 19x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $20.10 SF/Yr is 18% above the Michigan state average of $17.08 SF/Yr.
Detroit accounts for 31% of the 509 retail properties & spaces currently available across Wayne County, where nearby markets include Westland and Livonia. By space type, the market includes 65 storefront properties, 16 automotive properties and 10 shopping centers — shopping centers typically offer the lowest entry point, while automotive properties command the highest rates.
