Detroit, MI Strip Malls for Lease
- Ferndale, MI
- Hamtramck, MI
- Highland Park, MI
- Dearborn, MI
- Warren, MI
- Grosse Pointe Park, MI
- Grosse Pointe, MI
- Melvindale, MI
Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Detroit, MI
Detroit, MI Strip malls Lease Rates & Market Statistics
Browse 6 Strip malls for lease in Detroit, MI on Realmo, a commercial real estate marketplace serving the Detroit area. The current inventory totals 24,032 square feet of properties.
Asking lease rates for Strip malls in Detroit start at $8.80 SF/Yr, average $13.04 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. The local average of $13.04 SF/Yr is 21% below the Michigan state average of $16.48 SF/Yr.
Detroit accounts for 22% of the 27 strip malls currently available across Wayne County, where nearby markets include Westland and Livonia. Strip malls make up 4% of the 164 Retail properties & Spaces currently for lease in Detroit, with asking rates averaging $13.04 SF/Yr — 34% below the citywide Retail properties & Spaces average of $19.74 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (65 listings) and Automotive properties (17 listings) elsewhere in the Detroit market.
