Detroit Retail Space For Lease

Detroit

Market Report

Number of Listings For Lease
Posted in the last 90 days
71
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,000

Detroit Commercial Real Estate

Find Detroit commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Detroit commercial real estate broker in Detroit's Top Broker Directory. Learn about Detroit commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Detroit Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Detroit submarket is experiencing a decline in rates. In the last 3 months, the median rate for lease decreased $9 per sqft per year.

Compared to the rest of the Detroit commercial real estate market, the Detroit region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Detroit Listing Supply

In the last 90 days, 1115 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the available commercial real estate space in the Detroit are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 3,060 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this area were built around 1940 and are Class .

Detroit Community

Market Data

Real time and historical data on commercial real estate listings in Detroit.
Research