Forest Hills, MI Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Forest Hills, MI
Forest Hills, MI Shopping centers Lease Rates & Market Statistics
Explore 11 Shopping centers for lease in Forest Hills, MI on Realmo, a commercial real estate exchange covering the Forest Hills area. The current inventory totals 347,577 square feet of properties — an average of ~31,600 SF per listing.
Asking lease rates for Shopping centers in Forest Hills start at $9.95 SF/Yr, average $13.12 SF/Yr, and reach $17.95 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 $13.12 SF/Yr is 14% below the Michigan state average of $15.26 SF/Yr.
Shopping centers make up 17% of the 65 Retail properties & Spaces currently for lease in Forest Hills, with asking rates averaging $13.12 SF/Yr — 28% below the citywide Retail properties & Spaces average of $18.27 SF/Yr. Tenants comparing options may also consider Storefront properties (35 listings) elsewhere in the Forest Hills market.