Sterling Heights, MI Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Sterling Heights, MI
Sterling Heights, MI Shopping centers Lease Rates & Market Statistics
Browse 13 Shopping centers for lease in Sterling Heights, MI on Realmo, a commercial real estate marketplace serving the Sterling Heights area. The current inventory totals 341,828 square feet of properties — an average of ~26,300 SF per listing.
Asking lease rates for Shopping centers in Sterling Heights start at $10 SF/Yr, average $14.29 SF/Yr, and reach $18 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $14.29 SF/Yr, the local average runs 7% below Michigan's state average of $15.30 SF/Yr.
Sterling Heights accounts for 13% of the 100 shopping centers currently available across Macomb County, where nearby markets include Clinton Township and Warren. Shopping centers make up 29% of the 45 Retail properties & Spaces currently for lease in Sterling Heights, with asking rates averaging $14.29 SF/Yr — 38% below the citywide Retail properties & Spaces average of $22.87 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (20 listings) and Automotive properties (3 listings) elsewhere in the Sterling Heights market.
