Southfield, MI Retail Properties & Spaces for Lease
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Southfield, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 41 Retail properties & Spaces for lease in Southfield, MI on Realmo, a commercial real estate exchange covering the Southfield area. The current inventory totals 415,202 square feet of properties — an average of ~10,150 SF per listing.
Asking lease rates for Retail properties & Spaces in Southfield start at $17.14 SF/Yr, average $20.87 SF/Yr, and reach $25 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20.87 SF/Yr, the local average runs 25% above Michigan's state average of $16.68 SF/Yr.
Southfield accounts for 8% of the 518 retail properties & spaces currently available across Oakland County, where nearby markets include Troy and Royal Oak. By space type, the market includes 9 shopping centers, 6 storefront properties and 4 other retail properties.