Troy, MI Shopping Centers for Lease
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Shopping centers for Lease in Nearby Cities
Similar Spaces for Sale in Troy, MI
Troy, MI Shopping centers Lease Rates & Market Statistics
Explore 15 Shopping centers for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 290,008 square feet of properties — an average of ~19,350 SF per listing.
Asking lease rates for Shopping centers in Troy start at $18 SF/Yr, average $20 SF/Yr, and reach $22 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 $20 SF/Yr is 34% above the Michigan state average of $14.88 SF/Yr.
Troy accounts for 10% of the 146 shopping centers currently available across Oakland County, where nearby markets include Rochester Hills and Novi. Shopping centers make up 29% of the 51 Retail properties & Spaces currently for lease in Troy, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Storefront properties (4 listings) elsewhere in the Troy market.
