Detroit, MI Storefront Properties for Lease
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Detroit, MI Storefront properties Lease Rates & Market Statistics
Browse 64 Storefront properties for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 217,140 square feet of properties — an average of ~3,400 SF per listing.
Asking lease rates for Storefront properties in Detroit start at $5.35 SF/Yr, average $20.83 SF/Yr, and reach $175 SF/Yr at the top of the market. The local average of $20.83 SF/Yr is 19% above the Michigan state average of $17.53 SF/Yr.
Detroit accounts for 42% of the 152 storefront properties currently available across Wayne County, where nearby markets include Livonia and Westland. Storefront properties make up 41% of the 158 Retail properties & Spaces currently for lease in Detroit, with asking rates in line with the citywide Retail properties & Spaces average. Also worth a look for tenants weighing alternatives: Shopping centers (14 listings) and Automotive properties (13 listings) elsewhere in the Detroit market.