Building Details

Year Built 1956

Listing Agency: RE/MAX Team 2000

Listed By: Yousef Beydoun · License #6501354088 Show Phone

Source: Metrodetroithomeguide

Added: May 12, 2025 Changed: Nov 1 Last Checked: Nov 3 at 7:40AM

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Investment Insights

Based on property information with market context.

This is an 8,244 square foot freestanding retail building, formerly a Chase bank, situated on 1.51 acres. The property is located on Michigan Avenue in Inkster, MI, a heavily traveled road with high daily traffic between 35,000 and 40,000 vehicles per day. The building has over 65 parking spaces and dual access drives. A fully operational drive-thru is also present. The zoning is TCD, making it suitable for various uses including retail, drive-thru restaurants, medical facilities, and offices. Build-to-suit or tenant improvement options are available. The existing business is also available for purchase. Nearby national tenants include CVS, Dollar General, and O’Reilly Auto.

Key Highlights

• High‑traffic location on Michigan Avenue (35,000–40,000 VPD)
• Freestanding 8,244 SF building on 1.51 acres
• Fully operational drive‑thru

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Flash Bins Discount Store ITF Farmers Association / Organization

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Skin Care Clinic Building Supply

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

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

434

Businesses Nearby

Explore this area Business Placement

Demographics for 48141, MI

26,088

Population

11,497

Households

2.3

Avg Household Size

34

Median Age

12%

College-Educated

83%

High-School Grad

6.3 sq mi

ZIP Area

4,141

Density / Sq Mi

$39,632

Median Household Income

$32,135

Median Earnings

$1,127

Median Rent

$75,700

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail property - 8,244 SF retail building with drive-thru on 1.51 acres.

Where is this retail property located?

The property is located at 27020 Michigan Ave Inkster, MI.

What is the lease rate?

The lease rate is $5,500/Mo.

What are key features of this property?

This property features: High‑traffic location on Michigan Avenue (35,000–40,000 VPD); Freestanding 8,244 SF building on 1.51 acres; Fully operational drive‑thru