Detroit, MI Shopping Centers for Lease
- Ferndale, MI
- Hamtramck, MI
- Highland Park, MI
- Dearborn, MI
- Warren, MI
- Grosse Pointe Park, MI
- Grosse Pointe, MI
- Melvindale, MI
Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Detroit, MI
Detroit, MI Shopping centers Lease Rates & Market Statistics
Browse 11 Shopping centers for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 45,247 square feet of properties — an average of ~4,100 SF per listing.
Asking lease rates for Shopping centers in Detroit start at $11.25 SF/Yr, average $16.29 SF/Yr, and reach $20 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $16.29 SF/Yr is 7% above the Michigan state average of $15.29 SF/Yr.
Detroit accounts for 9% of the 121 shopping centers currently available across Wayne County, where nearby markets include Westland and Livonia. Shopping centers make up 7% of the 164 Retail properties & Spaces currently for lease in Detroit, with asking rates averaging $16.29 SF/Yr — 17% below the citywide Retail properties & Spaces average of $19.74 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (65 listings) and Automotive properties (17 listings) elsewhere in the Detroit market.
