Traverse City, MI Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
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Traverse City, MI Shopping centers Lease Rates & Market Statistics
Browse 5 Shopping centers for lease in Traverse City, MI on Realmo, a commercial real estate marketplace serving the Traverse City area. The current inventory totals 164,108 square feet of properties.
Shopping centers lease rates in Traverse City range from $19 SF/Yr at the entry level to $19 SF/Yr at the top of the market, averaging $19 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $19 SF/Yr, the local average runs 27% above Michigan's state average of $14.93 SF/Yr.
Traverse City accounts for 100% of the 5 shopping centers currently available across Grand Traverse County. Shopping centers make up 13% of the 40 Retail properties & Spaces currently for lease in Traverse City, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Storefront properties (11 listings) and Showrooms (4 listings) elsewhere in the Traverse City market.