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Redeveloped Downtown Retail Space
For Lease
$30 SF/Yr

1026 N Main St, Royal Oak, MI 48067

NB-zoned space offers on-site parking at a signalized intersection.

Space SizeContact for details
Days on Market16

Property Features for 1026 N Main St

General Information

Standard status Active
Property subtype Retail
Zoning NB

Additional Details

Road Access Yes
Listing Agency: Encore Real Estate Investment Services
Listed By: Marcel Sarkisian · License #6501382358
Source: Cpix.resimplifi
Added: Oct 20 Changed: Nov 4 Last Checked: Nov 3 at 3:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encore Real Estate Investment Services

Rey
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Investment Insights

Based on property information with market context.

This retail space has undergone redevelopment and is located in downtown Royal Oak. The property includes a large lot with on-site parking and sits at a signalized intersection.

Main Street carries 15,500 vehicles per day, while Catalpa Drive records 8,183 vehicles per day. Zoning is NB.

Key Highlights

  • Redeveloped retail space in downtown Royal Oak
  • Large lot with on‑site parking
  • Signalized intersection at Main Street and Catalpa Drive

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cardtronics Atm Maria T. Fedor, ... Pharmacy Margaritt Abunassar, PHARMD Pharmacy higi Physician Rite Aid Grocery & Convenience Store

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store Plumbing Service Veterinary Clinic Food Market Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

972
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Groceries 25% Shops & Services 21% Hotels & Casinos 6%
National Coney Island Dining
21,012 visits/mo 0.5 miles
Hollywood Market Groceries
16,247 visits/mo 0.2 miles
Burger King Dining
8,438 visits/mo 0.4 miles
Speedway Shops & Services
8,070 visits/mo 0.4 miles
Genisys Credit Union Shops & Services
5,709 visits/mo 0.3 miles

Demographics for 48067, MI

24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
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Market

Lease Benchmarks for Royal Oak, MI

$23.69 /SF/Yr
Avg Asking Price
$5–$31 /SF/Yr
Price Range
4,333 SF
Avg Space Size

This space is priced 27% above the average of $23.69 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - NB-zoned space offers on-site parking at a signalized intersection.
Where is this retail space located?
The property is located at 1026 N Main St Royal Oak, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Redeveloped retail space in downtown Royal Oak; Large lot with on‑site parking; Signalized intersection at Main Street and Catalpa Drive
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Includes: Price & PSF · Cap rate · Location · Zoning

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