Westland, MI Shopping Centers for Lease
- Wayne, MI
- Romulus, MI
- Garden City, MI
- Belleville, MI
- Inkster, MI
- Taylor, MI
- Dearborn Heights, MI
- Livonia, MI
Westland, MI Shopping centers Lease Rates & Market Statistics
Explore 43 Shopping centers for lease in Westland, MI on Realmo, a commercial real estate exchange covering the Westland area. The current inventory totals 1,721,865 square feet of properties — an average of ~40,050 SF per listing.
Shopping centers lease rates in Westland range from $12 SF/Yr at the entry level to $17 SF/Yr at the top of the market, averaging $14.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $14.50 SF/Yr, the local average runs 5% below Michigan's state average of $15.24 SF/Yr.
Westland accounts for 35% of the 123 shopping centers currently available across Wayne County, where nearby markets include Livonia and Detroit. Shopping centers make up 55% of the 78 Retail properties & Spaces currently for lease in Westland, with asking rates averaging $14.50 SF/Yr — 11% below the citywide Retail properties & Spaces average of $16.28 SF/Yr. Tenants comparing options may also consider Storefront properties (11 listings) and Automotive properties (6 listings) elsewhere in the Westland market.