Retail Space Near
For Lease
$944/Mo
513-515 W 11 Mile Rd, Madison Heights, MI 48071
Two retail units available, can be combined. Easy I-75 access.
Space SizeContact for details
Lot Size0.41 Acres
Days on Market170
Property Features for 513-515 W 11 Mile Rd
General Information
Standard status
Active
Lot size
0.41 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$8,844
Building Details
Year Built
1961
Listing Agency:
Pilot Property Group - Residential LLC
(586) 291-0499
Listed By:
Alexander Termini · License #6501392648
(586) 291-0499
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Aug 8 at 6:23AM
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 Pilot Property Group - Residential LLC
Investment Insights
Based on property information with market context.
Two retail units are available, measuring 900 square feet and 800 square feet, respectively. These units can be combined to create a single space of 1,700 square feet. The property offers convenient access to I-75. Building signage is available.
Key Highlights
- Two units available, 900 sqft and 800 sqft.
- Units can be combined to create a spacious 1,700 sqft area.
- Easy access to I‑75.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Explore this area
Business Placement
Demographics for 48071, MI
28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value
Market
Lease Benchmarks for Madison Heights, MI
$14.18 /SF/Yr
Avg Asking Price
$6.66–$21.6 /SF/Yr
Price Range
4,931 SF
Avg Space Size
This space is priced 53% below the average of $14.18 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two retail units available, can be combined. Easy I-75 access.
Where is this retail space located?
The property is located at 513-515 W 11 Mile Rd Madison Heights, MI.
What is the lease rate?
The lease rate is $944/Mo.
What are key features of this property?
This property features: Two units available, 900 sqft and 800 sqft.; Units can be combined to create a spacious 1,700 sqft area.; Easy access to I‑75.
