Redford, MI Retail Properties & Spaces for Lease
Redford, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 158 Retail properties & Spaces for lease in Redford, MI on Realmo, a commercial real estate exchange covering the Redford area. The current inventory totals 1,099,818 square feet of properties — an average of ~6,950 SF per listing.
Asking lease rates for Retail properties & Spaces in Redford start at $5.35 SF/Yr, average $16.93 SF/Yr, and reach $38.69 SF/Yr at the top of the market. That's a 7x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $16.93 SF/Yr is in line with the Michigan state average.
Redford accounts for 31% of the 502 retail properties & spaces currently available across Wayne County, where nearby markets include Detroit and Westland. By space type, the market includes 64 storefront properties, 13 automotive properties and 13 shopping centers — shopping centers typically offer the lowest entry point, while automotive properties command the highest rates.
