Troy, MI Strip Malls for Lease
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Strip malls for Lease in Nearby Cities
Similar Spaces for Sale in Troy, MI
Troy, MI Strip malls Lease Rates & Market Statistics
Explore 4 Strip malls for lease in Troy, MI on Realmo, a commercial real estate exchange covering the Troy area. The current inventory totals 14,191 square feet of properties.
Asking lease rates for Strip malls in Troy start at $18.43 SF/Yr, average $18.43 SF/Yr, and reach $18.43 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 $18.43 SF/Yr is 27% above the Michigan state average of $14.55 SF/Yr.
Troy accounts for 14% of the 28 strip malls currently available across Oakland County, where nearby markets include Farmington Hills and Auburn Hills. Strip malls 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 (15 listings) and Storefront properties (4 listings) elsewhere in the Troy market.