Retail Space Near
For Lease
$38 SF/Yr
1228 Griswold Street, Detroit, MI 48226
Built in 2014, the space serves a retail setting among approximately 300 apartments in Detroit’s Capital Park area.
Space Size1,568 SF
Property Size12,000 SF
Days on Market91
Property Features for 1228 Griswold Street
General Information
Standard status
Active
Size
1,568 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
12,000 SF
Year Built
2014
Spaces For Lease
at 1228 Griswold Street Contact us- Size
- 1,568 SF
- Term
- Negotiable
1226 Griswold $38/SF/Yr
Listing Agency:
Keystone Commercial Real Estate
(248) 406-7113
Listed By:
Greg Newman · License #6501288543
Source:
Keystonecres
Added: Jun 2
Changed: Aug 29
Last Checked: Aug 30 at 3:13PM
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 Keystone Commercial Real Estate
Investment Insights
Based on property information with market context.
This retail space is located at 1228 Griswold Street in Detroit, Michigan, within the Capital Park area of Downtown Detroit. The property was built in 2014 and is positioned within a setting that includes approximately 300 apartments.
The surrounding residential presence provides a defined context for retail use in the downtown area. The address places the space within Capital Park, a named neighborhood in central Detroit, while the nearby apartment count identifies a substantial residential component around the property.
The surrounding residential presence provides a defined context for retail use in the downtown area. The address places the space within Capital Park, a named neighborhood in central Detroit, while the nearby apartment count identifies a substantial residential component around the property.
Key Highlights
- Retail space at 1228 Griswold Street, Detroit, MI 48226
- Built in 2014
- Located in Capital Park in Downtown Detroit
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,812
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 75%
Shops & Services 25%
Hilton Garden Inn Detroit Downtown
Hotels & Casinos
13,735 visits/mo
0.2 miles
Hotel Indigo Detroit Downtown
Hotels & Casinos
12,361 visits/mo
0.2 miles
Fort Pontchartrain a Wyndham Hotel
Hotels & Casinos
9,506 visits/mo
0.4 miles
Mobil
Shops & Services
8,172 visits/mo
0.4 miles
Element Detroit At The Metropolitan
Hotels & Casinos
6,858 visits/mo
0.1 miles
Demographics for 48226, MI
6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$15.41 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size
This space is priced 147% above the average of $15.41 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Built in 2014, the space serves a retail setting among approximately 300 apartments in Detroit’s Capital Park area.
Where is this retail space located?
The property is located at 1228 Griswold Street Detroit, MI.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Retail space at 1228 Griswold Street, Detroit, MI 48226; Built in 2014; Located in Capital Park in Downtown Detroit
