Grand Rapids, MI Retail Space for Lease

Search 35 retail listings in Grand Rapids, MI and find helpful local stats in the Market Overview section below.

2739 Breton Rd SE

2739 Breton Rd SE, Alger Heights, Grand Rapids, MI
Property

Retail

5,672 SF
Availability

5 Spaces

15,458 SF
For Lease

$10.00/SF/YR
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420 Stocking Ave. NW

420 Stocking Ave. NW, West Grand, Grand Rapids, MI
Property

Retail

100,000 SF
Availability

5 Spaces

15,510 SF
For Lease

$14.00 - $15.00/SF/YR
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730 28th St SE

730 28th St SE, Garfield Park, Grand Rapids, MI
Property

Retail

54,763 SF
Availability

1 Space

10,000 SF
Year Built

1962
For Lease

$10.50/SF/YR
View Details (opens in new window)

Retail Space Rents in Grand Rapids, 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 Grand Rapids asks $16.23 per square foot.

Retail Space Lease Types in Grand Rapids, MI

The most common type of lease agreement you’ll find here is NNN, with 18 space(s) available under this type of arrangement. The local market is also home to 6 retail space(s) offered under a Full Service lease agreement type, and 4 Modified Gross listing(s).

Most Common Type of Lease for Retail Buildings in Grand Rapids, MI

NNN 18
Full Service 6
Modified Gross 4

Average Size of Retail Space for Lease in Grand Rapids, MI

The average size for this type of rental opportunity in Grand Rapids is 1,000 sqft to 2,500 sqft. Currently, the local market offers 27 listing(s) within that size range. You can also search 23 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 Grand Rapids, MI

Retail space in Grand Rapids 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 10 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 1,973 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.

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 Grand Rapids, 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 Grand Rapids is your top choice for lease opportunities, as it is currently home to the highest number of listings — 21 retail space(s). The most popular space type here is Street Retail. You can find 3 such listing(s) here.

Grand Rapids’s second most popular area is West Grand, where you can find 15 retail listing(s).

Ridgemoor is also among the best areas to search for your next commercial space. Here you can find 11 retail space(s) available for consideration by prospective tenants.

Top Locations to Lease Retail Space in Grand Rapids, MI

Downtown Grand Rapids

West Grand

Ridgemoor

Belknap Lookout

Alger Heights

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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Grand Rapids, MI Retail Space for Lease

2739 Breton Rd SE

420 Stocking Ave. NW

730 28th St SE

Retail Space Rents in Grand Rapids, MI

Retail Space Lease Types in Grand Rapids, MI

Most Common Type of Lease for Retail Buildings in Grand Rapids, MI

Average Size of Retail Space for Lease in Grand Rapids, MI

Retail Space Types You Can Lease in Grand Rapids, MI

Top Locations to Lease Retail Space in Grand Rapids, MI

Top Locations to Lease Retail Space in Grand Rapids, MI

Key Factors to Consider When Choosing a Retail Space for Lease

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