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Specialty Multi-Tenant Property
For Sale
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11840 Woodward Ave, Highland Park, MI 48203

For sale specialty property with two tenants that recently exercised 5-year renewal options.

Property SizeContact for details
Days on Market133

Property Features for 11840 Woodward Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Encore Real Estate Investment Services
Listed By: Deno Bistolarides · License #6502378067
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 5:09PM

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

Investment Insights

Based on property information with market context.

This for-sale specialty multi-tenant property is classified as “other specialty properties” within the commercial real estate category. The property’s current occupancy is supported by tenant retention, as both tenants recently exercised 5-year renewal options.

The asset is located at 11840 Woodward Ave in Highland Park, Michigan (48203). While additional building details and configuration are not provided, the documented renewals provide a clear, concrete indicator of continued tenancy.

For buyers and brokers, the key takeaway from the available information is the demonstrated lease continuation through the tenants’ recent 5-year renewal exercises, which can be an important factor in underwriting stability.

Key Highlights

  • Two tenants recently exercised 5‑year renewal options
  • Specialty property offered for sale with two tenants

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - For sale specialty property with two tenants that recently exercised 5-year renewal options.
Where is this specialty property located?
The property is located at 11840 Woodward Ave Highland Park, MI.
What are key features of this property?
This property features: Two tenants recently exercised 5‑year renewal options; Specialty property offered for sale with two tenants
(248) 702-0288 Call to check price and availability
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