Redford, MI Retail Properties & Spaces for Lease
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Redford, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 164 Retail properties & Spaces for lease in Redford, MI on Realmo, a commercial real estate exchange covering the Redford area. The current inventory totals 1,167,559 square feet of properties — an average of ~7,100 SF per listing.
Asking lease rates for Retail properties & Spaces in Redford start at $5.35 SF/Yr, average $19.74 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 $19.74 SF/Yr is 15% above the Michigan state average of $17.12 SF/Yr.
Redford accounts for 32% of the 517 retail properties & spaces currently available across Wayne County, where nearby markets include Detroit and Westland. By space type, the market includes 65 storefront properties, 17 automotive properties and 11 shopping centers — shopping centers typically offer the lowest entry point, while automotive properties command the highest rates.
