Ann Arbor, MI Retail Space for Lease

Search 43 retail listings in Ann Arbor, MI and find helpful local stats in the Market Overview section below.

Vic Village South - New Student Housing w/ Retail

1116 S University Ave, Burns Park, Ann Arbor, MI
Property

Retail
Availability

1 Space

2,033 SF
Year Built

2024
For Lease Contact for pricing
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Former Bank Branch

3389 Plymouth Road, Arbor Hills, Ann Arbor, MI
Property

Retail

4,149 SF
Availability

1 Space

4,149 SF
Year Built

2007
For Lease Contact for pricing
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4003-4039 Carpenter Road

4003-4039 Carpenter Road, Montibeller Park, Ypsilanti, MI
Property

Retail

27,816 SF
Availability

1 Space

1,780 SF
Year Built

1987
For Lease Contact for pricing
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Retail Space Rents in Ann Arbor, MI

Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Ann Arbor asks $23.32 per square foot.

Retail Space Lease Types in Ann Arbor, MI

The most common type of lease agreement you’ll find here is NNN, with 11 space(s) available under this type of arrangement. The local market is also home to 3 retail space(s) offered under a Modified Gross lease agreement type, and 2 Full Service listing(s).

Most Common Type of Lease for Retail Buildings in Ann Arbor, MI

NNN 11
Modified Gross 3
Full Service 2

Average Size of Retail Space for Lease in Ann Arbor, MI

The average size for this type of rental opportunity in Ann Arbor is 2,500 sqft to 5,000 sqft. Currently, the local market offers 17 listing(s) within that size range. You can also search 15 listing(s) in the 1,000 sqft to 2,500 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.

Retail Space Types You Can Lease in Ann Arbor, MI

Retail space in Ann Arbor comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 1 such space(s) available.  

Restaurant spaces listed for rent here have an average size of 1,780 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.

However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.

Top Locations to Lease Retail Space in Ann Arbor, MI

In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.

Downtown Ann Arbor is your top choice for lease opportunities, as it is currently home to the highest number of listings — 11 retail space(s).

Ann Arbor’s second most popular area is Montibeller Park, where you can find 7 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 1 listing(s) available here.

Broadway Area is also among the best areas to search for your next commercial space. Here you can find 5 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Ann Arbor, MI

Downtown Ann Arbor

Montibeller Park

Broadway Area

Clinton-George

Country French Estates

Key Factors to Consider When Choosing a Retail Space for Lease

When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.

Data based on retail spaces listed for rent on CommercialSearch.com

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Ann Arbor, MI Retail Space for Lease

Vic Village South - New Student Housing w/ Retail

Former Bank Branch

4003-4039 Carpenter Road

Retail Space Rents in Ann Arbor, MI

Retail Space Lease Types in Ann Arbor, MI

Most Common Type of Lease for Retail Buildings in Ann Arbor, MI

Average Size of Retail Space for Lease in Ann Arbor, MI

Retail Space Types You Can Lease in Ann Arbor, MI

Top Locations to Lease Retail Space in Ann Arbor, MI

Top Locations to Lease Retail Space in Ann Arbor, MI

Key Factors to Consider When Choosing a Retail Space for Lease

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