Southgate, MI Retail Properties & Spaces for Lease
Southgate, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 24 Retail properties & Spaces for lease in Southgate, MI on Realmo, a commercial real estate exchange covering the Southgate area. The current inventory totals 145,270 square feet of properties — an average of ~6,050 SF per listing.
Asking lease rates for Retail properties & Spaces in Southgate start at $6 SF/Yr, average $15.38 SF/Yr, and reach $25 SF/Yr at the top of the market. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $15.38 SF/Yr, the local average runs 10% below Michigan's state average of $17.08 SF/Yr.
Southgate accounts for 5% of the 509 retail properties & spaces currently available across Wayne County, where nearby markets include Detroit and Westland. By space type, the market includes 7 storefront properties and 4 shopping centers — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.
