Shelby Twp, MI Shopping Centers for Lease
- Utica, MI
- Macomb, MI
- Washington, MI
- Sterling Heights, MI
- Clinton Township, MI
- Clinton Twp, MI
- Rochester Hills, MI
- Rochester, MI
Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Shelby Twp, MI
Shelby Twp, MI Shopping centers Lease Rates & Market Statistics
Browse 11 Shopping centers for lease in Shelby Twp, MI on Realmo, a commercial real estate marketplace serving the Shelby Twp area. The current inventory totals 215,157 square feet of properties — an average of ~19,550 SF per listing.
Asking lease rates for Shopping centers in Shelby Twp start at $14.77 SF/Yr, average $22.17 SF/Yr, and reach $40 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $22.17 SF/Yr is 46% above the Michigan state average of $15.16 SF/Yr.
Shelby Twp accounts for 11% of the 101 shopping centers currently available across Macomb County, where nearby markets include Clinton Township and Sterling Heights. Shopping centers make up 39% of the 28 Retail properties & Spaces currently for lease in Shelby Twp, with asking rates averaging $22.17 SF/Yr — 12% above the citywide Retail properties & Spaces average of $19.74 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (3 listings) elsewhere in the Shelby Twp market.
