Capitol Park Retail
For Lease
Contact for pricing
1249 Griswold St, Detroit, MI 48226
Below-grade retail space in active Capitol Park area.
Space Size5,401 SF
Days on Market213
Property Features for 1249 Griswold St
General Information
Standard status
Active
Size
5,401 SF
Property subtype
Retail
Spaces For Lease
at 1249 Griswold St
1
Size
5,401 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Mid America Real Estate - Michigan Inc
Listed By:
Brooke Wolf
(248) 855-6800
Source:
Midamericagrp
Added: Mar 7
Changed: Oct 6
Last Checked: Oct 5 at 3:23PM
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 Mid America Real Estate - Michigan Inc
Investment Insights
Based on property information with market context.
This below-grade retail space is located in Capitol Park, within the Farwell Building, which also houses Leila Restaurant, Xhibition, and Rehmann. The space features 12-foot ceilings and is suited for an entertainment user. The location benefits from high-volume restaurant traffic, hotel guests, and local residents.
Key Highlights
- Prime below‑grade space in Capitol Park
- Boasts 12‑foot ceilings
- Located in the Farwell Building
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,843
Businesses Nearby
79k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 78%
Shops & Services 21%
Dining 1%
Hilton Garden Inn Detroit Downtown
Hotels & Casinos
13,735 visits/mo
0.3 miles
Cambria Hotel Detroit Downtown
Hotels & Casinos
13,247 visits/mo
0.4 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
0.5 miles
Mobil
Shops & Services
8,172 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Detroit, MI
$18.31 /SF/Yr
Avg Asking Price
$5.35–$100 /SF/Yr
Price Range
13,272 SF
Avg Space Size
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 - Below-grade retail space in active Capitol Park area.
Where is this retail space located?
The property is located at 1249 Griswold St Detroit, MI.
What are key features of this property?
This property features: Prime below‑grade space in Capitol Park; Boasts **12‑foot ceilings**; Located in the Farwell Building
