Farmington Hills, MI Storefront Properties for Lease
- Farmington, MI
- Livonia, MI
- Southfield, MI
- Redford, MI
- Northville, MI
- Novi, MI
- West Bloomfield, MI
- Bloomfield Township, MI
Storefront properties for Lease in Nearby Cities
Similar Spaces for Sale in Farmington Hills, MI
Farmington Hills, MI Storefront properties Lease Rates & Market Statistics
Explore 2 Storefront properties for lease in Farmington Hills, MI on Realmo, a commercial real estate exchange covering the Farmington Hills area. The current inventory totals 3,000 square feet of properties.
Storefront properties lease rates in Farmington Hills range from $14 SF/Yr at the entry level to $17 SF/Yr at the top of the market, averaging $15.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $15.50 SF/Yr is 8% below the Michigan state average of $16.80 SF/Yr.
Farmington Hills accounts for 2% of the 89 storefront properties currently available across Oakland County, where nearby markets include Royal Oak and Pontiac. Storefront properties are one of the more limited space types in Farmington Hills, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Shopping centers (6 listings) elsewhere in the Farmington Hills market.
