Southgate, MI Strip Malls for Lease
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Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Southgate, MI
Southgate, MI Strip malls Lease Rates & Market Statistics
Explore 1 Strip malls listing for lease in Southgate, MI on Realmo, a commercial real estate exchange covering the Southgate area. The current inventory totals 14,238 square feet of properties.
Asking lease rates for Strip malls in Southgate start at $12 SF/Yr, average $12 SF/Yr, and reach $12 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $12 SF/Yr, the local average runs 33% below Michigan's state average of $17.87 SF/Yr.
Southgate accounts for 4% of the 27 strip malls currently available across Wayne County, where nearby markets include Westland and Detroit. Strip malls are one of the more limited space types in Southgate, with just 1 listing currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Storefront properties (7 listings) and Shopping centers (4 listings) elsewhere in the Southgate market.
