Sterling Heights, MI Shopping Centers for Lease
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Similar Spaces for Sale in Sterling Heights, MI
Sterling Heights, MI Shopping centers Lease Rates & Market Statistics
Browse 18 Shopping centers for lease in Sterling Heights, MI on Realmo, a commercial real estate marketplace serving the Sterling Heights area. The current inventory totals 441,728 square feet of properties — an average of ~24,550 SF per listing.
Asking lease rates for Shopping centers in Sterling Heights start at $10 SF/Yr, average $14.86 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. The local average of $14.86 SF/Yr is in line with the Michigan state average.
Sterling Heights accounts for 13% of the 140 shopping centers currently available across Macomb County, where nearby markets include Clinton Township and Warren. Shopping centers make up 26% of the 68 Retail properties & Spaces currently for lease in Sterling Heights, with asking rates averaging $14.86 SF/Yr — 48% below the citywide Retail properties & Spaces average of $28.39 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (21 listings) and Automotive properties (4 listings) elsewhere in the Sterling Heights market.