Farmington, MI Storefront Properties for Lease
- Farmington Hills, MI
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Storefront properties for Lease in Nearby Cities
Similar Spaces for Sale in Farmington, MI
Farmington, MI Storefront properties Lease Rates & Market Statistics
Browse 3 Storefront properties for lease in Farmington, MI on Realmo, a commercial real estate marketplace serving the Farmington area. The current inventory totals 3,890 square feet of properties.
Asking lease rates for Storefront properties in Farmington start at $22 SF/Yr, average $26 SF/Yr, and reach $30 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 $26 SF/Yr is 55% above the Michigan state average of $16.80 SF/Yr.
Farmington accounts for 3% 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, with just 3 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Shopping centers (3 listings) elsewhere in the Farmington market.
