Niles, MI Storefront Properties for Lease
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Niles, MI Storefront properties Lease Rates & Market Statistics
Browse 4 Storefront properties for lease in Niles, MI on Realmo, a commercial real estate marketplace serving the Niles area. The current inventory totals 50,120 square feet of properties.
Asking lease rates for Storefront properties in Niles start at $7 SF/Yr, average $10.75 SF/Yr, and reach $12 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 $10.75 SF/Yr is 36% below the Michigan state average of $16.73 SF/Yr.
Niles accounts for 15% of the 26 storefront properties currently available across Berrien County, where nearby markets include Benton Harbor and Stevensville. Storefront properties are one of the more limited space types in Niles, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Shopping centers (11 listings) elsewhere in the Niles market.
