Monroe, MI Strip Malls for Lease
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Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Monroe, MI
Monroe, MI Strip malls Lease Rates & Market Statistics
Explore 6 Strip malls for lease in Monroe, MI on Realmo, a commercial real estate exchange covering the Monroe area. The current inventory totals 8,036 square feet of properties.
Strip malls lease rates in Monroe range from $9 SF/Yr at the entry level to $18 SF/Yr at the top of the market, averaging $12.75 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12.75 SF/Yr, the local average runs 23% below Michigan's state average of $16.51 SF/Yr.
Monroe accounts for 67% of the 9 strip malls currently available across Monroe County, where nearby markets include Newport and Lambertville. Strip malls make up 23% of the 26 Retail properties & Spaces currently for lease in Monroe, with asking rates averaging $12.75 SF/Yr — 25% below the citywide Retail properties & Spaces average of $17.07 SF/Yr. Also worth a look for tenants weighing alternatives: Shopping centers (11 listings) and Storefront properties (5 listings) elsewhere in the Monroe market.
