Royal Oak, MI Retail Properties & Spaces for Lease
- Madison Heights, MI
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- Warren, MI
- Clawson, MI
- Oak Park, MI
Royal Oak, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 30 Retail properties & Spaces for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 81,251 square feet of properties — an average of ~2,700 SF per listing.
Asking lease rates for Retail properties & Spaces in Royal Oak start at $5 SF/Yr, average $23.06 SF/Yr, and reach $31 SF/Yr at the top of the market. That's a 6x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $23.06 SF/Yr is 31% above the Michigan state average of $17.56 SF/Yr.
Royal Oak accounts for 7% of the 410 retail properties & spaces currently available across Oakland County, where nearby markets include Troy and Southfield.
