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Retail Space on Gratiot Avenue
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15455 Gratiot Ave, Detroit, MI 48205

Retail space for lease in a high-traffic Detroit location.

Space Size1,360 SF
Property Size10,900 SF
Days on Market609

Property Features for 15455 Gratiot Ave

General Information

Standard status Active
Size 1,360 SF
Property subtype Retail

Building Details

Building Size 10,900 SF
Year Built 1999
Tenancy Multiple

Spaces For Lease

at 15455 Gratiot Ave Contact us

Available Space 2

Size
1,360 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: On Q Commercial Real Estate
Listed By: Joe Qonja · License #6505432099
Source: Crexi
Added: Dec 11, 2024 Changed: Aug 11 Last Checked: Aug 12 at 12:43PM

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 On Q Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail space is located at the signalized intersection on the southwest corner of 8 Mile and Gratiot Avenue. The site benefits from its location surrounded by national and local retailers. The location features strong demographics, heavy daily traffic, and multiple curb cuts. This property is suitable for retail, quick-service, or specialty businesses seeking exposure in a densely populated area.

Key Highlights

  • Signalized intersection location at 8 Mile and Gratiot Avenue.
  • Surrounded by strong national and local retailers.
  • Heavy daily traffic.

Property Analytics

Current Use

CVS Pharmacy Pharmacy CDReload - Online Bitcoin ... Crypto Atm CVS Cosmetic Store CVS Photo (Bike/Boat/Book/etc) Store MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Gym & Fitness Center Skin Care Clinic

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

489
Businesses Nearby
144k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 47% Dining 31% Groceries 11% Electronics 6%
Dollar Tree Shops & Services
16,972 visits/mo 0.3 miles
Aldi Groceries
15,887 visits/mo 0.1 miles
White Castle Dining
13,359 visits/mo 0.1 miles
BP Shops & Services
12,854 visits/mo 0.2 miles
Burger King Dining
10,456 visits/mo 0.2 miles

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$14.67 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
13,749 SF
Avg Space Size

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in a high-traffic Detroit location.
Where is this retail space located?
The property is located at 15455 Gratiot Ave Detroit, MI.
What are key features of this property?
This property features: Signalized intersection location at 8 Mile and Gratiot Avenue.; Surrounded by strong national and local retailers.; Heavy daily traffic.
More about this property
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