Detroit, MI Retail Spaces for Lease
Find the best retail space for rent in Detroit, MI among 105 leasing opportunities for your business.
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831 Selden St, Lower Woodward, Detroit, MI
Frequently Asked Questions
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The asking rent average for retail space in Detroit, based on retail spaces listed for lease on CommercialCafe.com, is $17.9 per square foot.
NNN is the most common type of lease for retail buildings in Detroit, with 38 such listing(s) currently on the market. Other lease type options include 17 listing(s) available under Full Service lease terms and 6 Modified Gross lease listing(s).
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You can find 148 retail listing(s) throughout Detroit. Given the various ways in which retail tenants might need to use leased space to promote their goods and services, this type of commercial real estate includes several specific varieties. Below, a summary of options of what type of retail spaces you can rent locally.
Street retail is typically found in urban and suburban areas that have high foot traffic. It offers great visibility at sometimes more affordable rental rates, as well as flexibility in the layout and design of the space. Currently, you’ll find 25 street retail listing(s) for lease in Detroit.
Strip/convenience retail spaces are made up of a row of stores within the same building, generally with a parking lot nearby. They are popular with tenants looking for medium or small-sized retail spaces. Detroit has 10 strip/convenience retail space listing(s) for lease at this time.
The market is home to 6 restaurant-type retail space(s) listed for lease.
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The size of various retail spaces is largely determined by their main use type and the needs of the community they are servicing. The most common range for retail spaces in Detroit is 1,000 sqft to 2,500 sqft. Currently, you can find 52 retail listing(s) for lease here in that range.
The second most widely available retail space size options are 2,500 sqft to 5,000 sqft, a range that currently applies to 42 retail listing(s) for lease on the market.
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The success of a retail space tenancy can greatly depend on the quality of its location, the accessibility for staff and clients (preferably accessible through various means of transportation and to various groups of people), and its ability to meet the needs of the surrounding community.
In Detroit, Downtown Detroit is the most popular neighborhood/submarket for retail space leasing opportunities, as it is currently home to 31 retail listing(s).
Redford, home to 13 retail listing(s) for lease, is the second most popular area for businesses looking to rent commercial space.
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About us
CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.
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