Southgate, MI Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
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Southgate, MI Shopping centers Lease Rates & Market Statistics
Explore 4 Shopping centers for lease in Southgate, MI on Realmo, a commercial real estate exchange covering the Southgate area. The current inventory totals 79,562 square feet of properties.
Asking lease rates for Shopping centers in Southgate start at $6 SF/Yr, average $11.33 SF/Yr, and reach $14 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $11.33 SF/Yr, the local average runs 26% below Michigan's state average of $15.26 SF/Yr.
Southgate accounts for 3% of the 122 shopping centers currently available across Wayne County, where nearby markets include Westland and Livonia. Shopping centers are one of the more limited space types in Southgate, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Storefront properties (7 listings) elsewhere in the Southgate market.