Southgate, MI Storefront Properties for Lease
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Southgate, MI Storefront properties Lease Rates & Market Statistics
Explore 7 Storefront properties for lease in Southgate, MI on Realmo, a commercial real estate exchange covering the Southgate area. The current inventory totals 54,884 square feet of properties.
Asking lease rates for Storefront properties in Southgate start at $13 SF/Yr, average $14.40 SF/Yr, and reach $16 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $14.40 SF/Yr, the local average runs 13% below Michigan's state average of $16.60 SF/Yr.
Southgate accounts for 4% of the 158 storefront properties currently available across Wayne County, where nearby markets include Detroit and Livonia. Storefront properties make up 29% of the 24 Retail properties & Spaces currently for lease in Southgate, with asking rates in line with the citywide Retail properties & Spaces average. Tenants comparing options may also consider Shopping centers (4 listings) elsewhere in the Southgate market.
