Franklin, MI Retail Properties & Spaces for Lease
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- Grosse Pointe, MI
Franklin, MI Retail properties & Spaces Lease Rates & Market Statistics
Browse 160 Retail properties & Spaces for lease in Franklin, MI on Realmo, a commercial real estate marketplace serving the Franklin area. The current inventory totals 1,137,087 square feet of properties — an average of ~7,100 SF per listing.
Retail properties & Spaces lease rates in Franklin range from $5.35 SF/Yr at the entry level to $100 SF/Yr at the top of the market, averaging $20.10 SF/Yr. That's a 19x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $20.10 SF/Yr, the local average runs 18% above Michigan's state average of $17.08 SF/Yr.
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.