Forest Hills, MI Storefront Properties for Lease
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Forest Hills, MI Storefront properties Lease Rates & Market Statistics
Explore 35 Storefront properties for lease in Forest Hills, MI on Realmo, a commercial real estate exchange covering the Forest Hills area. The current inventory totals 1,043,019 square feet of properties — an average of ~29,800 SF per listing.
Asking lease rates for Storefront properties in Forest Hills start at $3.81 SF/Yr, average $17.39 SF/Yr, and reach $27 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 $17.39 SF/Yr is 5% above the Michigan state average of $16.58 SF/Yr.
Storefront properties make up 54% of the 65 Retail properties & Spaces currently for lease in Forest Hills, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Shopping centers (11 listings) elsewhere in the Forest Hills market.