Sterling Heights, MI Strip Malls for Lease
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Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Sterling Heights, MI
Sterling Heights, MI Strip malls Lease Rates & Market Statistics
Browse 6 Strip malls for lease in Sterling Heights, MI on Realmo, a commercial real estate marketplace serving the Sterling Heights area. The current inventory totals 15,710 square feet of properties.
Asking lease rates for Strip malls in Sterling Heights start at $4.53 SF/Yr, average $14.31 SF/Yr, and reach $18 SF/Yr at the top of the market. That's a 4x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $14.31 SF/Yr, the local average runs 14% below Michigan's state average of $16.55 SF/Yr.
Sterling Heights accounts for 20% of the 30 strip malls currently available across Macomb County, where nearby markets include Clinton Township and Macomb. Strip malls make up 13% of the 45 Retail properties & Spaces currently for lease in Sterling Heights, with asking rates averaging $14.31 SF/Yr — 38% below the citywide Retail properties & Spaces average of $23.07 SF/Yr. Also worth a look for tenants weighing alternatives: Storefront properties (20 listings) and Shopping centers (13 listings) elsewhere in the Sterling Heights market.
