Detroit, MI Retail Space for Lease

Search 111 retail listings in Detroit, MI and find helpful local stats in the Market Overview section below.

Louis Kamper Building

1410 Washington Blvd, Downtown Detroit, Detroit, MI
Property

Retail

3,469 SF
Availability

1 Space

1,778 SF
For Lease Contact for pricing
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For Lease | Newly Vacant Family Dollar

2250 W Davison Street | Detroit, Durfee, Detroit, MI
Property

Retail
Availability

1 Space

8,370 SF
Year Built

2019
For Lease Contact for pricing
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Former Main Street Grill

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

Retail

2,450 SF
Availability

1 Space

2,450 SF
Year Built

2001
For Lease

$22.00/SF/YR
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2100 Trumbull Street & 2050 8th Street

2100 Trumbull Street & 2050 8th Street, Downtown Detroit, Detroit, MI
Property

Retail

40,000 SF
Availability

2 Spaces

5,208 SF
Year Built

2020
For Lease Contact for pricing
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16253 Hamilton Ave

16253 Hamilton Ave, Highland Park, MI
Property

Retail

2,040 SF
Availability

1 Space

2,040 SF
Year Built

1921
For Lease

$14.00/SF/YR
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Westin Book Cadillac Detroit

1114 Washington Boulevard Detroit, Downtown Detroit, Detroit, MI
Property

Retail

736,000 SF
Availability

1 Space

7,000 SF
For Lease Contact for pricing
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1925 Vernier

1925 Vernier, Grosse Pointe Woods, MI
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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13253 Woodward Ave

13253 Woodward Ave, Highland Park, MI
Property

Retail

2,587 SF
Availability

1 Space

2,587 SF
For Lease Contact for pricing
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Former Glory Super Market

19150 Telegraph Road, Redford, Detroit, MI
Property

Retail
Availability

1 Space

49,570 SF
For Lease Contact for pricing
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Redford Plaza

27260 Plymouth Road, Redford, Redford Charter Township, MI
Property

Retail

114,865 SF
Availability

2 Spaces

40,500 SF
Year Built

1975
For Lease

$12.00 - $14.00/SF/YR
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15601 Grand River Avenue

15601 Grand River Avenue, Cerveny - Grandmont, Detroit, MI
Property

Retail

1,500 SF
Availability

1 Space

1,500 SF
For Lease Contact for pricing
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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 $19.12 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 12 retail space(s) offered under a Full Service lease agreement type, and 9 Modified Gross listing(s).

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

NNN 44
Full Service 12
Modified Gross 9

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 54 listing(s) within that size range. You can also search 43 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 21 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 2,743 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 7 space(s) listed as Restaurant. The average size you can expect to find for this category is 3,761 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.

What’s more, you can find 5 listing(s) in the Freestanding category, currently available in the average size of 3,101 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.

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

Street Retail

Restaurant

Freestanding

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

Street Retail

2,743 sq. ft.

Restaurant

3,761 sq. ft.

Freestanding

3,101 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 — 34 retail space(s). The most popular space type here is Street Retail. You can find 5 such listing(s) here.

Detroit’s second most popular area is Lower Woodward, where you can find 16 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.

Redford is also among the best areas to search for your next commercial space. Here you can find 13 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Detroit, MI

Downtown Detroit

Lower Woodward

Redford

Middle Woodward

Greenfield

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

Louis Kamper Building

For Lease | Newly Vacant Family Dollar

Former Main Street Grill

2100 Trumbull Street & 2050 8th Street

16253 Hamilton Ave

Westin Book Cadillac Detroit

1925 Vernier

13253 Woodward Ave

Former Glory Super Market

Redford Plaza

15601 Grand River Avenue

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

Popular Commercial Searches

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

About Us

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