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    35300-35354 E Michigan Ave Wayne, MI 48184

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    For Lease
    $15 SF/Yr ($3,016 /Mo)

    High-traffic retail corridor with flexible suite sizes available for rent.

    Property size:
    2,413 SF
    Lot size:
    1.51 Acres

    Property Features for 35300-35354 E Michigan Ave

    General Information

    Size
    2,413 SF
    Lot size
    1.51 Acres

    Source: JMC Management, LLC Agent Renita Hill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space on Michigan Avenue

    Located on Michigan Avenue in Wayne, Newberry Plaza is an established neighborhood center offering retail space for rent. The property benefits from high visibility and access in a high-traffic retail corridor. The location sees over 31,000 vehicles passing daily. The plaza features strong co-tenancy and ample on-site parking. The available space is suitable for local retailers, service providers, or national brands. Flexible suite sizes are available. The property has a size of 2413 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Town Square Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3868907
    Latitude
    42.2803967

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    FAQs

    What type of property is this?
    Shopping center - High-traffic retail corridor with flexible suite sizes available for rent.
    Where is this shopping center located?
    The property is located at 35300-35354 E Michigan Ave Wayne, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Excellent visibility and access on high-traffic Michigan Avenue.; - Strong co-tenancy within an established neighborhood center.; - Ample on-site parking for customers.
    (586) 427-9410
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    35300-35354 E Michigan Ave Wayne, MI 48184
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35300-35354 E Michigan Ave Wayne, MI 48184
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