Redford, MI Retail Properties & Spaces for Lease
Redford, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 181 Retail properties & Spaces for lease in Redford, MI on Realmo, a commercial real estate exchange covering the Redford area. The current inventory totals 1,136,347 square feet of properties — an average of ~6,300 SF per listing.
Asking lease rates for Retail properties & Spaces in Redford start at $5.35 SF/Yr, average $22.91 SF/Yr, and reach $175 SF/Yr at the top of the market. The local average of $22.91 SF/Yr is 30% above the Michigan state average of $17.57 SF/Yr.
Redford accounts for 33% of the 548 retail properties & spaces currently available across Wayne County, where nearby markets include Detroit and Westland. By space type, the market includes 72 storefront properties, 18 automotive properties and 13 shopping centers — shopping centers typically offer the lowest entry point, while automotive properties command the highest rates.