Westland, MI Retail Properties & Spaces for Lease
Westland, MI Retail properties & Spaces Lease Rates & Market Statistics
Explore 81 Retail properties & Spaces for lease in Westland, MI on Realmo, a commercial real estate exchange covering the Westland area. The current inventory totals 2,067,540 square feet of properties — an average of ~25,550 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 $15.90 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 $15.90 SF/Yr, the local average runs 8% below Michigan's state average of $17.33 SF/Yr.
Westland accounts for 16% of the 506 retail properties & spaces currently available across Wayne County, where nearby markets include Detroit and Livonia. By space type, the market includes 45 shopping centers, 12 storefront properties and 5 automotive properties — shopping centers typically offer the lowest entry point, while storefront properties command the highest rates.