Southfield, MI Storefront Properties for Lease
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Southfield, MI Storefront properties Lease Rates & Market Statistics
Explore 5 Storefront properties for lease in Southfield, MI on Realmo, a commercial real estate exchange covering the Southfield area. The current inventory totals 854 square feet of properties.
Asking lease rates for Storefront properties in Southfield start at $20 SF/Yr, average $20 SF/Yr, and reach $20 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $20 SF/Yr, the local average runs 19% above Michigan's state average of $16.88 SF/Yr.
Southfield accounts for 5% of the 111 storefront properties currently available across Oakland County, where nearby markets include Royal Oak and Madison Heights. Storefront properties make up 13% of the 38 Retail properties & Spaces currently for lease in Southfield, with asking rates averaging $20 SF/Yr — 28% above the citywide Retail properties & Spaces average of $15.67 SF/Yr. Tenants comparing options may also consider Shopping centers (10 listings) and Other retail properties (3 listings) elsewhere in the Southfield market.
