Southfield, MI Retail Properties & Spaces for Lease
Southfield, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 38 Retail properties & Spaces for lease in Southfield, MI on Realmo, a commercial real estate exchange covering the Southfield area. The current inventory totals 768,433 square feet of properties — an average of ~20,200 SF per listing.
Asking lease rates for Retail properties & Spaces in Southfield start at $8 SF/Yr, average $15.67 SF/Yr, and reach $25 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $15.67 SF/Yr, the local average runs 7% below Michigan's state average of $16.90 SF/Yr.
Southfield accounts for 7% of the 550 retail properties & spaces currently available across Oakland County, where nearby markets include Troy and Royal Oak. By space type, the market includes 10 shopping centers, 5 storefront properties and 3 other retail properties.