Detroit, MI Retail Space for Lease

Search 101 retail listings in Detroit, MI and find helpful local stats in the Market Overview section below.

Former Rite Aid

4612 Woodward Avenue, Lower Woodward, Detroit, MI
Property

Retail
Availability

1 Space

11,118 SF
For Lease Contact for pricing
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18685 Eight Mile

18685 Eight Mile, Evergreen, Detroit, MI
Property

Retail

4,200 SF
Availability

1 Space

4,200 SF
Year Built

1966
For Lease Contact for pricing
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New Center One

3031 W Grand Blvd - Retail, Middle Woodward, Detroit, MI
Property

Retail

496,208 SF
Availability

1 Space

8,700 SF
Year Built

1982
For Lease Contact for pricing
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GM Renaissance Center - Tower 400

400 Renaissance Center, Downtown Detroit, Detroit, MI
Property

Office

589,675 SF
Availability

10 Spaces

106,247 SF
Year Built

1977
For Lease Contact for pricing
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9623 Gratiot Avenue

9623 Gratiot Avenue, Airport, Detroit, MI
Property

Retail

5,600 SF
Availability

1 Space

1,200 SF
For Lease Contact for pricing
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Former Supermarket

18246 Wyoming Avenue, Bagley, Detroit, MI
Property

Retail

16,200 SF
Availability

1 Space

16,200 SF
For Lease Contact for pricing
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For Lease | 10,924 SF Retail / Office Space

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

Retail
Availability

1 Space

5,500 SF
Year Built

1920
For Lease Contact for pricing
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Tele-Craft Plaza

14000 Telegraph Road, Brightmoor, Redford, MI
Property

Retail

67,070 SF
Availability

1 Space

63,782 SF
Year Built

1957
For Lease

$11.00 - $13.00/SF/YR
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The Scott

3150 Woodward Avenue, Lower Woodward, Detroit, MI
Property

Retail

14,005 SF
Availability

1 Space

2,327 SF
For Lease

$35.00/SF/YR
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Gratiot Square Plaza

3641-3745 Gratiot Ave, Middle East Central, Detroit, MI
Property

Retail

33,300 SF
Availability

3 Spaces

3,400 SF
Year Built

1966
For Lease Contact for pricing
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Boardwalk Plaza

15601-15607 Grand River Ave, Cerveny - Grandmont, Detroit, MI
Property

Retail

23,838 SF
Availability

2 Spaces

3,343 SF
For Lease

$18.00 - $19.00/SF/YR
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For Lease | Retail Space At OSI Art Apartments

3820 Grand River Avenue | Detroit, Jeffries, Detroit, MI
Property

Retail
Availability

1 Space

2,200 SF
For Lease Contact for pricing
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8 & Beech Plaza

25755 - 25775 8 Mile, Redford, MI
Property

Retail

4,000 SF
Availability

1 Space

1,155 SF
For Lease

$16.00/SF/YR
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The Albert Retail

1228 Griswold Street, Downtown Detroit, Detroit, MI
Property

Retail

12,000 SF
Availability

1 Space

1,606 SF
Year Built

2014
For Lease Contact for pricing
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E & B Brewery Lofts

1551 Winder Street, Middle East Central, Detroit, MI
Property

Retail

60,000 SF
Availability

3 Spaces

9,236 SF
Year Built

1891
For Lease

$18.29 - $22.00/SF/YR
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For Lease | Retail / Commercial / Industrial Space Availability

3124 Cass Avenue | Detroit, Lower Woodward, Detroit, MI
Property

Retail
Availability

1 Space

4,514 SF
Year Built

1948
For Lease Contact for pricing
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For Lease | Mixed-Use Building

1501 W Lafayette Boulevard | Detroit, Downtown Detroit, Detroit, MI
Property

Retail
Availability

1 Space

5,000 SF
Year Built

1949
For Lease Contact for pricing
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Stolakis Building

422 West Congress Street, Downtown Detroit, Detroit, MI
Property

Office

18,500 SF
Availability

4 Spaces

12,034 SF
Year Built

1984
For Lease

$12.00 - $19.00/SF/YR
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New Center One

3031 W Grand Blvd, Middle Woodward, Detroit, MI
Property

Office

496,208 SF
Availability

19 Spaces

97,000 SF
Year Built

1982
For Lease

$19.50 - $22.00/SF/YR
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Redford Plaza

25025-25047 Grand River Avenue, Redford, MI
Property

Retail

2,400 SF
Availability

1 Space

1,400 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 $17.89 per square foot.

Retail Space Lease Types in Detroit, MI

The most common type of lease agreement you’ll find here is NNN, with 35 space(s) available under this type of arrangement. The local market is also home to 14 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 35
Full Service 14
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 52 listing(s) within that size range. You can also search 40 listing(s) in the 2,500 sqft to 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 22 such space(s) available.  

Street Retail spaces listed for rent here have an average size of 3,040 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 7,132 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 4 listing(s) in the Restaurant category, currently available in the average size of 3,358 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

22

Freestanding

6

Restaurant

4

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

Street Retail

3,040 sq. ft.

Freestanding

7,132 sq. ft.

Restaurant

3,358 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 — 31 retail space(s). The most popular space type here is Street Retail. You can find 3 such listing(s) here.

Detroit’s second most popular area is Lower Woodward, where you can find 13 retail listing(s).

Redford 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 Detroit, MI

Downtown Detroit

31

Lower Woodward

13

Redford

11

Lower East Central

8

Middle East Central

6

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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Recent Retail Market News

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.

Mid-America Real Estate Arranges Detroit-Area Retail Deal

Vice President Carly Gallagher Kelly, along with Principals Ben Wineman and Daniel Stern, assisted the seller.

Colliers Secures Six Retail Tenants for Michigan Shopping Center

Vice President Mark Ansara and Senior Vice President Earl Clements arranged the new leases at Shops at CenterPoint in Grand Rapids.

Newmark Knight Frank Expands Detroit Valuation Team

The company appointed Tony Roberts as its newest senior managing director, while Chris Maharg joined the firm as senior vice president.

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