Madison Heights, MI Storefront Properties for Lease
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Similar Spaces for Sale in Madison Heights, MI
Madison Heights, MI Storefront properties Lease Rates & Market Statistics
Explore 8 Storefront properties for lease in Madison Heights, MI on Realmo, a commercial real estate exchange covering the Madison Heights area. The current inventory totals 18,875 square feet of properties.
Storefront properties lease rates in Madison Heights range from $10.71 SF/Yr at the entry level to $15 SF/Yr at the top of the market, averaging $13.55 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13.55 SF/Yr is 23% below the Michigan state average of $17.53 SF/Yr.
Madison Heights accounts for 9% of the 89 storefront properties currently available across Oakland County, where nearby markets include Royal Oak and Waterford. Storefront properties make up 32% of the 25 Retail properties & Spaces currently for lease in Madison Heights, with asking rates averaging $13.55 SF/Yr — 10% below the citywide Retail properties & Spaces average of $15.04 SF/Yr. Also worth a look for tenants weighing alternatives: Shopping centers (3 listings) elsewhere in the Madison Heights market.
