Search
Updated Commercial Building For Lease
For Lease
$2,500/Mo

12732 E 8 Mile Rd, Detroit, MI 48205

Updated commercial building with flexible layout available for lease.

Days on Market102

Property Features for 12732 E 8 Mile Rd

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1946
Listing Agency: Keller Williams Legacy
Listed By: Nick Jaafar · License #6501403947
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 2 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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

This commercial building is available for lease or sale, offering significant traffic exposure in a private setting. The property has been fully updated with new electrical systems, a new indoor HVAC system (with the cooling condenser located on the roof), new lighting, and a new exposed drop ceiling. Currently used as a liquidation space, the open layout provides flexibility for retail, showroom, or a variety of commercial uses. The property is in turnkey condition, with major mechanical updates already completed. The location has a bike score of 40, indicating it is somewhat bikeable, a walk score of 30, indicating car-dependence, and a transit score of 49, indicating some transit options are available.

Key Highlights

  • Fully updated with new electrical, HVAC, and lighting.
  • Open layout provides flexibility for retail, showroom, or other commercial uses.
  • Turnkey condition; major mechanical updates completed.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Gym & Fitness Center

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

$13.96 /SF/Yr
Avg Asking Price
$3–$27 /SF/Yr
Price Range
11,441 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Updated commercial building with flexible layout available for lease.
Where is this retail space located?
The property is located at 12732 E 8 Mile Rd Detroit, MI.
What is the lease rate?
The lease rate is $2,500 /Mo.
What are key features of this property?
This property features: Fully updated with new electrical, HVAC, and lighting.; Open layout provides flexibility for retail, showroom, or other commercial uses.; Turnkey condition; major mechanical updates completed.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message