Troy, MI Storefront Properties for Lease
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Troy, MI Storefront properties Lease Rates & Market Statistics
Explore 4 Storefront properties for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 61,711 square feet of properties.
Asking lease rates for Storefront properties in Troy start at $18.43 SF/Yr, average $21.72 SF/Yr, and reach $25 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 $21.72 SF/Yr is 31% above the Michigan state average of $16.62 SF/Yr.
Troy accounts for 5% of the 87 storefront properties currently available across Oakland County, where nearby markets include Royal Oak and Pontiac. Storefront properties are one of the more limited space types in Troy, with just 4 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Shopping centers (14 listings) elsewhere in the Troy market.
