Building Details

Year Built 1970

Listing Agency: Real Estate One Inc

Listed By: Danielle Grostick · License #6506045712 Show Phone

Source: Premiermichiganhomesearch

Added: Sep 10 Last Checked: Sep 11 at 1:10PM

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Investment Insights

Based on property information with market context.

This 1,493-square-foot commercial suite at Milan and Dexter Street Plaza is configured for retail or office use. The interior provides an open floor plan with a drop ceiling, one bathroom, and a storage/utility room. A three-month buildout is included, and the space is available immediately.

The property is near the US23 and Carpenter Road interchange, with access to the US23 exit 27 corridor. Milan is approximately 15 minutes from Ann Arbor and Toledo. The minimum lease term is two years.

Key Highlights

• 1,493 SF retail or office suite
• Open floor plan with drop ceiling
• One bathroom plus storage/utility room

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Restaurant Auto Parts Store Real Estate Agency

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

NNN (Triple Net)

Lease Type

$2.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

163

Businesses Nearby

60k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 67% Shops & Services 31% Hotels & Casinos 2%

McDonald's Dining

20,838 visits/mo 0.1 miles

Taco Bell Dining

9,053 visits/mo 0.1 miles

Dollar General Shops & Services

7,428 visits/mo 0.2 miles

Arby's Dining

5,942 visits/mo 0.1 miles

Shell Shops & Services

5,452 visits/mo 0.2 miles

Demographics for 48160, MI

14,097

Population

5,224

Households

2.7

Avg Household Size

41

Median Age

30%

College-Educated

91%

High-School Grad

77.9 sq mi

ZIP Area

181

Density / Sq Mi

$99,383

Median Household Income

$40,170

Median Earnings

$1,097

Median Rent

$251,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Flexible retail or office suite with a bathroom, storage area, and convenient access to the US23 corridor.

Where is this retail space located?

The property is located at 1154 Dexter St Milan, MI.

What is the lease rate?

The lease rate is $17 SF/Yr.

What are key features of this property?

This property features: 1,493 SF retail or office suite; Open floor plan with drop ceiling; One bathroom plus storage/utility room