Ferndale, MI Retail Properties & Spaces for Lease
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Similar Spaces for Sale in Ferndale, MI
Ferndale, MI Retail properties & Spaces Lease Rates & Market Statistics
Browse 17 Retail properties & Spaces for lease in Ferndale, MI on Realmo, a commercial real estate marketplace serving the Ferndale area. The current inventory totals 26,023 square feet of properties — an average of ~1,550 SF per listing.
Retail properties & Spaces lease rates in Ferndale range from $18 SF/Yr at the entry level to $39 SF/Yr at the top of the market, averaging $26.80 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $26.80 SF/Yr, the local average runs 61% above Michigan's state average of $16.68 SF/Yr.
Ferndale accounts for 3% of the 518 retail properties & spaces currently available across Oakland County, where nearby markets include Troy and Southfield. By space type, the market includes 4 storefront properties and 3 other retail properties.