17641 West 12 Mile Road — Lease in Southfield, MI
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Southfield, MI 48076
Photos
Description
Proposed Redevelopment + 0.88-Acre parcel available for proposed redevelopment + Located at the SEC of W 12 Mile and Southfield Road, with traffic counts exceeding 65,000+ VPD + Ample parking spaces and cross-parking + Nearby retailers include Kroger, Meijer, Lowe’s, Target, The Home Depot, and many more! + Ground Lease Rate: $165,000 Per Year NNN
Market Context
This retail in Southfield, MI is listed for lease. Compare it against other retail listings for lease in Southfield, MI — view the full market.
As of Q1 2026, the Detroit retail market showed a 1.3% vacancy rate, average asking rents near $17.00/SF/yr, and rents up 1.3% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located space leases quickly.
Retail market FAQ
- Is the Detroit retail market tightening or softening?
- Vacancy is around 1.3%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$1.41/SF/mo – $2.01/SF/mo
Mid: $1.71/SF/mo
Contact
- Scott Young · +1 248 936 6832 · scott.young@cbre.com
- Matthew Croswell · +1 248 351 2084 · matt.croswell@cbre.com
- Ashley Young · +1 248 351 2028 · ashley.young@cbre.com
- Jake Vorkapich · +1 248 351 2071 · jake.vorkapich@cbre.com
Explore this market
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