Detroit, MI Storefront Properties for Lease
- Hamtramck, MI
- Highland Park, MI
- Dearborn, MI
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- Grosse Pointe, MI
- Grosse Pointe Woods, MI
- Melvindale, MI
Detroit, MI Storefront properties Lease Rates & Market Statistics
Browse 69 Storefront properties for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 227,674 square feet of properties — an average of ~3,300 SF per listing.
Asking lease rates for Storefront properties in Detroit start at $5.35 SF/Yr, average $16.35 SF/Yr, and reach $35 SF/Yr at the top of the market. That's a 7x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $16.35 SF/Yr is in line with the Michigan state average.
Detroit accounts for 44% of the 157 storefront properties currently available across Wayne County, where nearby markets include Livonia and Dearborn. Storefront properties make up 39% of the 175 Retail properties & Spaces currently for lease in Detroit, with asking rates averaging $16.35 SF/Yr — 23% below the citywide Retail properties & Spaces average of $21.21 SF/Yr. Also worth a look for tenants weighing alternatives: Automotive properties (18 listings) and Shopping centers (12 listings) elsewhere in the Detroit market.