Grand Rapids, MI Storefront Properties for Lease
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Grand Rapids, MI Storefront properties Lease Rates & Market Statistics
Browse 33 Storefront properties for lease in Grand Rapids, MI on Realmo, a commercial real estate marketplace serving the Grand Rapids area. The current inventory totals 1,029,484 square feet of properties — an average of ~31,200 SF per listing.
Storefront properties lease rates in Grand Rapids range from $3.81 SF/Yr at the entry level to $27 SF/Yr at the top of the market, averaging $17.44 SF/Yr. That's a 7x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $17.44 SF/Yr, the local average runs 5% above Michigan's state average of $16.61 SF/Yr.
Grand Rapids accounts for 60% of the 55 storefront properties currently available across Kent County, where nearby markets include Kentwood and Wyoming. Storefront properties make up 49% of the 67 Retail properties & Spaces currently for lease in Grand Rapids, 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 Grand Rapids market.
