Franklin, MI Shopping Centers for Lease
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- Grosse Pointe, MI
Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Franklin, MI
Franklin, MI Shopping centers Lease Rates & Market Statistics
Browse 10 Shopping centers for lease in Franklin, MI on Realmo, a commercial real estate marketplace serving the Franklin area. The current inventory totals 45,247 square feet of properties — an average of ~4,500 SF per listing.
Shopping centers lease rates in Franklin range from $11.25 SF/Yr at the entry level to $20 SF/Yr at the top of the market, averaging $15.54 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $15.54 SF/Yr is in line with the Michigan state average.
Shopping centers make up 6% of the 160 Retail properties & Spaces currently for lease in Franklin, with asking rates averaging $15.54 SF/Yr — 23% below the citywide Retail properties & Spaces average of $20.10 SF/Yr. Tenants comparing options may also consider Storefront properties (65 listings) and Automotive properties (16 listings) elsewhere in the Franklin market.
