Troy, MI Retail Properties & Spaces for Lease
Troy, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 51 Retail properties & Spaces for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 661,972 square feet of properties — an average of ~13,000 SF per listing.
Asking lease rates for Retail properties & Spaces in Troy start at $6 SF/Yr, average $19.42 SF/Yr, and reach $30 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $19.42 SF/Yr is 15% above the Michigan state average of $16.84 SF/Yr.
Troy accounts for 9% of the 558 retail properties & spaces currently available across Oakland County, where nearby markets include Royal Oak and Southfield. By space type, the market includes 15 shopping centers and 4 storefront properties.