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

12732 E 8 Mile Road, Detroit, MI 48205

Updated commercial building with flexible layout available for lease.

Space SizeContact for details
Property Size1,300 SF
Days on Market178

Property Features for 12732 E 8 Mile Road

General Information

Standard status Active
Size 1,300 SF
Zoning Commercial, Light Industry

Building Details

Building Size 1,300 SF
Year Built 1946
Listing Agency: Keller Williams Legacy
Listed By: Nick Jaafar · License #6501403947
Source: Phgrealty
Added: Feb 27 Changed: Aug 23 Last Checked: Aug 23 at 6:04AM

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

464
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 37% Apparel 20%
McDonald's Dining
17,931 visits/mo 0.2 miles
Family Dollar Shops & Services
10,202 visits/mo 0.4 miles
BP Shops & Services
8,076 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
7,629 visits/mo 0.2 miles
Dollar General Shops & Services
4,700 visits/mo 0.3 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

$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 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
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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 Road 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
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