Oak Park, MI Commercial Real Estate for Lease - 14 Listings

21332 Greenfield Rd

21332 Greenfield Rd, Oak Park, MI
Property

Retail

5,202 SF
Availability

1 Space

2,185 SF
For Lease

$35.00/SF/YR
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Oak Park Plaza

23001-23125 Coolidge Hwy, Oak Park, MI
Property

Retail

13,532 SF
Availability

3 Spaces

6,680 SF
Year Built

1960
For Lease Contact for pricing
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Beacon Office Center

23350 Greenfield Road, Oak Park, MI
Property

Office

12,000 SF
Availability

1 Space

1,400 SF
Year Built

2001
For Lease

$1,750.00/MO
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24691 Coolidge Hwy

24691 Coolidge Hwy, Oak Park, MI
Property

Retail

3,200 SF
Availability

1 Space

3,200 SF
For Lease

$2,500.00/MO
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For Lease | Industrial Availability

14350 W 8 Mile Road | Oak Park, Oak Park, MI
Property

Industrial
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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Industrial Multi-Tenant Units

14350 W 8 Mile Rd, Oak Park, MI
Property

Industrial

47,638 SF
Availability

11 Spaces

20,520 SF
Year Built

1985
For Lease

$12.00/SF/YR
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13331 W. 10 Mile Road

13331 W. 10 Mile Road, Oak Park, MI
Property

Retail

3,558 SF
Availability

1 Space

3,558 SF
For Lease Contact for pricing
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13171 W. 10 Mile Road

13171 W. 10 Mile Road, Oak Park, MI
Property

Retail

1,728 SF
Availability

1 Space

1,728 SF
For Lease Contact for pricing
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For Lease > Office / Warehouse

14935 W Eleven Mile Rd, Oak Park, Berkley, MI
Property

Office
Availability

1 Space

1,400 SF
For Lease Contact for pricing
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For Lease | Industrial Availability

12701 Northend Avenue | Oak Park, Oak Park, MI
Property

Industrial
Availability

1 Space

21,100 SF
For Lease Contact for pricing
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13181 W. 10 Mile Road

13181 W. 10 Mile Road, Oak Park, MI
Property

Retail

2,000 SF
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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13251 W 10 Mile Rd

13251 W 10 Mile Rd, Oak Park, MI
Property

Retail

1,600 SF
Availability

1 Space

1,600 SF
For Lease Contact for pricing
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Lincoln Center

25940-26200 Greenfield Road, Oak Park, MI
Property

Retail
Availability

1 Space

5,400 SF
For Lease Contact for pricing
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Former CSL Plasma

13770 W 9 Mile Rd , Oak Park, MI
Property

Retail

7,930 SF
Availability

1 Space

7,930 SF
Year Built

1955
For Lease

$13.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Oak Park commercial real estate market incorporates 12,000 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Oak Park commercial real estate market includes 38,750 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Oak Park market, there is a total of 47,638 square feet of industrial property.

The listing inventory in Oak Park incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Oak Park is represented by Industrial space, which accounts for 43,620 square feet of available listings. Retail space available in Oak Park adds up to 34,281 square feet.

Meanwhile, most of the listings of commercial property for sale in Oak Park are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Oak Park is $11.93 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Oak Park can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Oak Park, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $15 per square foot. In particular, the property type commanding the highest lease rates in Oak Park was Industrial space.

Conversely, the highest sale price last year was $12,750,000 that is located at 25900 Greenfield Road.

The average size of a commercial property in Oak Park depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Oak Park, the average size of an office property is 12,000 square feet.
Retail properties here incorporate an average of 4,844 square feet.
Industrial space in Oak Park is in buildings that are, on average 47,638 square feet in size.

Oak Park, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Oak Park currently add up to 80,701 square feet. The market offers 2 active office listing(s), which amount to 2,800 square feet and account for 14% of commercial spaces on the market. Local retail availability includes 34,281 square feet across 9 retail space(s). Industrial space for rent opportunities in Oak Park amount to 43,620 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	2	2,800
Retail	9	34,281
Industrial	3	43,620

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Oak Park, MI. Currently, there is 1,937 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	1,928
Other	2	9

Oak Park, MI Commercial Real Estate for Lease - 14 Listings

21332 Greenfield Rd

Oak Park Plaza

Beacon Office Center

24691 Coolidge Hwy

For Lease | Industrial Availability

Industrial Multi-Tenant Units

13331 W. 10 Mile Road

13171 W. 10 Mile Road

For Lease > Office / Warehouse

For Lease | Industrial Availability

13181 W. 10 Mile Road

13251 W 10 Mile Rd

Lincoln Center

Former CSL Plasma

Frequently Asked Questions

Oak Park, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Oak Park, MI Commercial Real Estate for Lease - 14 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Oak Park, MI?

What factors affect the price of commercial real estate in Oak Park, MI?

What is the average rent for commercial space in Oak Park, MI?

What are the best areas for commercial real estate in Oak Park, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Oak Park, MI?

Oak Park, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us