Restaurant Ready for Immediate
For Lease
$5,000/Mo
12248 E Warren Ave, Detroit, MI 48215
Equipped restaurant space suitable for various concepts.
Space SizeContact for details
Property Size2,000 SF
Lot Size0.28 Acres
Days on Market165
Property Features for 12248 E Warren Ave
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.28 Acres
Property subtype
Commercial
Building Details
Building Size
2,000 SF
Year Built
1989
Units
2
Listing Agency:
Golden Key Realty Group LLC
(248) 765-8998
Listed By:
Harry M Lee · License #6501376856
(248) 765-8998
Source:
Elliman
Added: Mar 10
Changed: Aug 9
Last Checked: Aug 21 at 12:39PM
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 Golden Key Realty Group LLC
Investment Insights
Based on property information with market context.
This restaurant space is ready for immediate occupancy and equipped to generate income. The owner is willing to collaborate with the potential tenant to ensure the business thrives. The space is suitable for a 24/6 Chicken Swarma or Coney Island concept. As a point of reference, a Popeye's location generates $1.2 million to $1.3 million in revenue, and Chicken Swarma can be consumed daily, suggesting potential business opportunities for the location.
Key Highlights
- Ready to move in and start cash flowing.
- Existing equipment in place to generate income.
- Perfect for a 24/6 Chicken Swarma / Coney Island.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 35%
Apparel 12%
Groceries 12%
Citgo
Shops & Services
11,725 visits/mo
0.5 miles
Wendy's
Dining
9,352 visits/mo
0.1 miles
Popeyes Louisiana Kitchen
Dining
8,368 visits/mo
0.1 miles
Save-A-Lot
Groceries
7,571 visits/mo
0.2 miles
BP
Shops & Services
5,997 visits/mo
0.2 miles
Demographics for 48215, MI
10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$17.23 /SF/Yr
Avg Asking Price
$5.35–$25 /SF/Yr
Price Range
5,021 SF
Avg Space Size
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Similar Off Market Nearby
- Edibles Rex Catering — 5555 Conner St Suite 1058, Detroit, MI 48213
- Lonestar Catering — 12700 E Warren Ave, Detroit, MI 48215
Frequently Asked Questions
What type of property is this?
Restaurant - Equipped restaurant space suitable for various concepts.
Where is this restaurant located?
The property is located at 12248 E Warren Ave Detroit, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Ready to move in and start cash flowing.; Existing equipment in place to generate income.; Perfect for a 24/6 Chicken Swarma / Coney Island.
