Detroit, MI Retail Properties & Spaces for Lease
Detroit, MI Retail properties & Spaces Lease Rates & Market Statistics
Browse 230 Retail properties & Spaces for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 1,495,048 square feet of properties — an average of ~6,500 SF per listing.
Asking lease rates for Retail properties & Spaces in Detroit start at $2.85 SF/Yr, average $16.48 SF/Yr, and reach $38.69 SF/Yr at the top of the market. That's a 14x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $16.48 SF/Yr is in line with the Michigan state average.
Detroit accounts for 33% of the 705 retail properties & spaces currently available across Wayne County, where nearby markets include Westland and Livonia. By space type, the market includes 76 storefront properties, 22 shopping centers and 16 automotive properties — storefront properties typically offer the lowest entry point, while automotive properties command the highest rates.