Westland, MI Retail Properties & Spaces for Lease
Westland, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 77 Retail properties & Spaces for lease in Westland, MI on Realmo, a commercial real estate exchange covering the Westland area. The current inventory totals 2,065,836 square feet of properties — an average of ~26,850 SF per listing.
Retail properties & Spaces lease rates in Westland range from $4.60 SF/Yr at the entry level to $35 SF/Yr at the top of the market, averaging $16.09 SF/Yr. That's a 8x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $16.09 SF/Yr, the local average runs 8% below Michigan's state average of $17.51 SF/Yr.
Westland accounts for 14% of the 539 retail properties & spaces currently available across Wayne County, where nearby markets include Detroit and Livonia. By space type, the market includes 43 shopping centers, 11 storefront properties and 6 automotive properties — automotive properties typically offer the lowest entry point, while storefront properties command the highest rates.