Detroit, MI Shopping Centers for Lease
- Marysville, MI
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- River Rouge, MI
- Grosse Pointe, MI
Similar Spaces for Sale in Detroit, MI
Detroit, MI Shopping centers Lease Rates & Market Statistics
Browse 20 Shopping centers for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 162,486 square feet of properties — an average of ~8,100 SF per listing.
Asking lease rates for Shopping centers in Detroit start at $11.25 SF/Yr, average $17.25 SF/Yr, and reach $27 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 $17.25 SF/Yr is 16% above the Michigan state average of $14.92 SF/Yr.
Detroit accounts for 13% of the 153 shopping centers currently available across Wayne County, where nearby markets include Westland and Livonia. Shopping centers make up 9% of the 221 Retail properties & Spaces currently for lease in Detroit, with asking rates in line with the citywide Retail properties & Spaces average. Also worth a look for tenants weighing alternatives: Storefront properties (71 listings) and Automotive properties (17 listings) elsewhere in the Detroit market.