Detroit, MI Retail Space for Lease

Search 107 retail listings in Detroit, MI and find helpful local stats in the Market Overview section below.

623 Cass Ave

623 Cass Avenue, Downtown Detroit, Detroit, MI
Property Type

Industrial
For Lease

$10.00 - $13.00/SF/MO
1 space available / 5,000 SF
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831 Selden Street

831 Selden Street, Lower Woodward, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 1,333 SF
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19010 Woodward Avenue

19010 Woodward Avenue, State Fair - Nolan, Detroit, MI
Property Type

Retail
For Lease

$18.00/SF/YR
1 space available / 2,000 SF
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19483 Mack Ave

19483 Mack Ave, Grosse Pointe Woods, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 2,800 SF
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For Lease | Second Floor Space

2601 Gratiot Avenue | Detroit, Middle East Central, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 3,300 SF
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For Lease | Philip Houze Apartment

415 Clifford Street | Detroit, Downtown Detroit, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 6,895 SF
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For Lease | 10,924 SF Retail / Office Space

1314 Holden Street | Detroit, Rosa Parks, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 5,500 SF
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Former Main Street Grill

1985 East Jefferson Avenue, Lower East Central, Detroit, MI
Property Type

Retail
For Lease

$22.00/SF/YR
1 space available / 2,450 SF
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For Lease | Rock Plaza

9350 Woodward Avenue | Detroit, Middle Woodward, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 7,925 SF
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For Sale or Lease | Freestanding Building

12021 Harper Avenue | Detroit, Conner, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 15,860 SF
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For Lease | Heather Hall

3444 2nd Avenue | Detroit, Lower Woodward, Detroit, MI
Property Type

Retail
For Lease Contact for pricing

1 space available / 4,500 SF
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Retail Space Rents in Detroit, 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 Detroit asks $20.57 per square foot.

Retail Space Lease Types in Detroit, MI

The most common type of lease agreement you’ll find here is NNN, with 44 space(s) available under this type of arrangement. The local market is also home to 15 retail space(s) offered under a Full Service lease agreement type, and 7 Modified Gross listing(s).

Most Common Type of Lease for Retail Buildings in Detroit, MI

NNN 44
Full Service 15
Modified Gross 7

Average Size of Retail Space for Lease in Detroit, MI

The average size for this type of rental opportunity in Detroit is 1,000 sqft to 2,500 sqft. Currently, the local market offers 45 listing(s) within that size range. You can also search 44 listing(s) in the more than 5,000 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 Detroit, MI

Retail space in Detroit 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 Street Retail and you can find 20 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 2,595 square feet. You’ll find street retail spaces are mostly located in urban and suburban areas that have high foot traffic. This type of space is often a great choice for smaller retailers that are looking for well-positioned points of sale.

The local market is also home to 6 space(s) listed as Freestanding. The average size you can expect to find for this category is 3,932 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.

What’s more, you can find 5 listing(s) in the Restaurant category, currently available in the average size of 5,322 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.

Number of Retail Spaces for Lease in Detroit, MI, by Use Type

Street Retail

Freestanding

Restaurant

Average Retail Listing Size in Detroit, MI, by Use Type

Street Retail

2,595 sq. ft.

Freestanding

3,932 sq. ft.

Restaurant

5,322 sq. ft.

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 Detroit, 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 Detroit is your top choice for lease opportunities, as it is currently home to the highest number of listings — 30 retail space(s). The most popular space type here is Restaurant. You can find 2 such listing(s) here.

Detroit’s second most popular area is Lower Woodward, where you can find 20 retail listing(s). The most likely type of space you can rent here is Freestanding. If this is the kind of property you are looking for, you will find 1 listing(s) available here.

Middle Woodward is also among the best areas to search for your next commercial space. Here you can find 14 retail space(s) available for consideration by prospective tenants, of which 1 are Street Retail.

Top Locations to Lease Retail Space in Detroit, MI

Downtown Detroit

Lower Woodward

Middle Woodward

Redford

Middle East Central

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

Recent Retail Market News

Schonsheck Sells Detroit Power Center

Michigan’s only IKEA shadow-anchors the property.

CRC Sells Metro Detroit Retail Center

This is the first property the firm acquired through its $240 million opportunistic fund.

CFM Properties Lands $39M for Detroit-Area Retail Center

Citibank and Red Oak Capital Holdings provided the financing.

PMAT Sells 276 KSF Detroit-Area Retail Center

Mid-America brokered the transaction.

Costco Business Center to Anchor $403M Detroit Mixed-Use

This will be the firm’s first retail warehouse in Michigan.

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Detroit, MI Retail Space for Lease

623 Cass Ave

831 Selden Street

19010 Woodward Avenue

19483 Mack Ave

For Lease | Second Floor Space

For Lease | Philip Houze Apartment

For Lease | 10,924 SF Retail / Office Space

Former Main Street Grill

For Lease | Rock Plaza

For Sale or Lease | Freestanding Building

For Lease | Heather Hall

Retail Space Rents in Detroit, MI

Retail Space Lease Types in Detroit, MI

Most Common Type of Lease for Retail Buildings in Detroit, MI

Average Size of Retail Space for Lease in Detroit, MI

Retail Space Types You Can Lease in Detroit, MI

Number of Retail Spaces for Lease in Detroit, MI, by Use Type

Average Retail Listing Size in Detroit, MI, by Use Type

Top Locations to Lease Retail Space in Detroit, MI

Top Locations to Lease Retail Space in Detroit, MI

Key Factors to Consider When Choosing a Retail Space for Lease

Other Popular Searches

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Recent Retail Market News

Schonsheck Sells Detroit Power Center

CRC Sells Metro Detroit Retail Center

CFM Properties Lands $39M for Detroit-Area Retail Center

PMAT Sells 276 KSF Detroit-Area Retail Center

Costco Business Center to Anchor $403M Detroit Mixed-Use

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