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Retail Space on Grand River
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25025 Grand River Ave, Redford, MI 48240

Retail space available in a great location.

Space Size1,300 SF - 2,650 SF
Property Size5,050 SF
Days on Market2242

Property Features for 25025 Grand River Ave

General Information

Standard status Active
Size 1,300 SF - 2,650 SF
Property subtype Retail

Building Details

Building Size 5,050 SF
Tenancy Multiple

Spaces For Lease

at 25025 Grand River Ave Contact us

Available Space 4

Size
2,650 SF
Availability
Active
Contact us

Available Space 5

Size
1,300 SF
Availability
Active
Contact us
Listing Agency: Keystone Commercial Real Estate
Listed By: Norman Abro · License #MI 6501385432
Source: Crexi
Added: Aug 8, 2020 Changed: Sep 7 Last Checked: Sep 26 at 7:19AM

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 commercial real estate offers retail space situated on Grand River Avenue in Redford, Michigan. The property is suitable for retail businesses.

Key Highlights

  • Great location!

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Dental Office Cafe & Coffee Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Home Improvements & Furnishings 25% Dining 6%
Marathon Shops & Services
10,420 visits/mo 0.5 miles
Family Dollar Shops & Services
7,692 visits/mo 0.5 miles
Great Lakes Ace Home Improvements & Furnishings
7,657 visits/mo 0.3 miles
Dollar General Shops & Services
5,245 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
3,871 visits/mo 0.5 miles

Demographics for 48240, MI

17,962
Population
7,328
Households
2.5
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
4,855
Density / Sq Mi
$57,970
Median Household Income
$37,694
Median Earnings
$1,326
Median Rent
$120,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Redford, MI

$17.01 /SF/Yr
Avg Asking Price
$5.35–$35 /SF/Yr
Price Range
13,352 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in a great location.
Where is this retail space located?
The property is located at 25025 Grand River Ave Redford, MI.
What are key features of this property?
This property features: Great location!
(248) 356-8000 Call to check price and availability
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