Grand Rapids, MI Shopping Centers for Lease
- Comstock Park, MI
- Belmont, MI
- Rockford, MI
- Ada, MI
- Wyoming, MI
- Kentwood, MI
- Grandville, MI
- Sparta, MI
Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Grand Rapids, MI
Grand Rapids, MI Shopping centers Lease Rates & Market Statistics
Browse 12 Shopping centers for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 187,119 square feet of properties — an average of ~15,600 SF per listing.
Shopping centers lease rates in Grand Rapids range from $9.95 SF/Yr at the entry level to $17.95 SF/Yr at the top of the market, averaging $13.12 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $13.12 SF/Yr, the local average runs 12% below Michigan's state average of $14.95 SF/Yr.
Grand Rapids accounts for 39% of the 31 shopping centers currently available across Kent County, where nearby markets include Grandville and Wyoming. Shopping centers make up 14% of the 87 Retail properties & Spaces currently for lease in Grand Rapids, with asking rates averaging $13.12 SF/Yr — 26% below the citywide Retail properties & Spaces average of $17.74 SF/Yr. Tenants comparing options may also consider Storefront properties (39 listings) and Other retail properties (4 listings) elsewhere in the Grand Rapids market.
