Southfield, MI Shopping Centers for Lease
- Franklin, MI
- Farmington Hills, MI
- Livonia, MI
- Farmington, MI
- Lathrup Village, MI
- Bingham Farms, MI
- Oak Park, MI
- Berkley, MI
Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Southfield, MI
Southfield, MI Shopping centers Lease Rates & Market Statistics
Explore 10 Shopping centers for lease in Southfield, MI on Realmo, a commercial real estate exchange covering the Southfield area. The current inventory totals 205,436 square feet of properties — an average of ~20,550 SF per listing.
Asking lease rates for Shopping centers in Southfield start at $20 SF/Yr, average $20 SF/Yr, and reach $20 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20 SF/Yr, the local average runs 31% above Michigan's state average of $15.26 SF/Yr.
Southfield accounts for 9% of the 113 shopping centers currently available across Oakland County, where nearby markets include Troy and Novi. Shopping centers make up 33% of the 30 Retail properties & Spaces currently for lease in Southfield, with asking rates averaging $20 SF/Yr — 17% above the citywide Retail properties & Spaces average of $17.11 SF/Yr. Tenants comparing options may also consider Storefront properties (3 listings) elsewhere in the Southfield market.
