Grand Rapids, MI Retail Properties & Spaces for Lease
Grand Rapids, MI Retail properties & Spaces Lease Rates & Market Statistics
Browse 93 Retail properties & Spaces for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 1,482,441 square feet of properties — an average of ~15,950 SF per listing.
Retail properties & Spaces lease rates in Grand Rapids range from $3.81 SF/Yr at the entry level to $65.86 SF/Yr at the top of the market, averaging $17.54 SF/Yr. That's a 17x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $17.54 SF/Yr is in line with the Michigan state average.
Grand Rapids accounts for 51% of the 183 retail properties & spaces currently available across Kent County, where nearby markets include Wyoming and Kentwood. By space type, the market includes 40 storefront properties, 12 shopping centers and 4 other retail properties — shopping centers typically offer the lowest entry point, while other retail properties command the highest rates.
