Royal Oak, MI Storefront Properties for Lease
- Madison Heights, MI
- Huntington Woods, MI
- Ferndale, MI
- Pleasant Ridge, MI
- Berkley, MI
- Hazel Park, MI
- Warren, MI
- Oak Park, MI
Storefront properties for Lease in Nearby Cities
Similar Spaces for Sale in Royal Oak, MI
Royal Oak, MI Storefront properties Lease Rates & Market Statistics
Explore 15 Storefront properties for lease in Royal Oak, MI on Realmo, a commercial real estate exchange covering the Royal Oak area. The current inventory totals 26,950 square feet of properties — an average of ~1,800 SF per listing.
Asking lease rates for Storefront properties in Royal Oak start at $12 SF/Yr, average $20.33 SF/Yr, and reach $30 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. The local average of $20.33 SF/Yr is 20% above the Michigan state average of $16.89 SF/Yr.
Royal Oak accounts for 14% of the 111 storefront properties currently available across Oakland County, where nearby markets include Madison Heights and Pontiac. Storefront properties make up 37% of the 41 Retail properties & Spaces currently for lease in Royal Oak, with asking rates averaging $20.33 SF/Yr — 11% below the citywide Retail properties & Spaces average of $22.89 SF/Yr.