Updated Commercial Building For
For Lease
$2,000/Mo
12738 E 8 Mile Rd, Detroit, MI 48205
Commercial building for lease or sale with recent updates.
Space SizeContact for details
Days on Market121
Property Features for 12738 E 8 Mile Rd
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1948
Listing Agency:
keller williams legacy
(313) 228-3777
Listed By:
Nick Jaafar · License #6501403947
(313) 228-3777
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 21 at 8:06AM
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. The property benefits from strong traffic exposure while maintaining a private setting. The building has been fully updated throughout, featuring 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 bike score is 40, indicating it is somewhat bikeable. The walk score is 30, indicating car-dependent accessibility. The transit score is 49, indicating some transit options are available.
Key Highlights
- Fully updated throughout with new electrical, HVAC, and lighting.
- Open layout provides flexibility for retail, showroom, or a variety of commercial uses.
- Turnkey condition** with major mechanical updates already completed.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial building for lease or sale with recent updates.
Where is this retail space located?
The property is located at 12738 E 8 Mile Rd Detroit, MI.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Fully updated throughout with **new electrical, HVAC, and lighting.**; Open layout provides flexibility for retail, showroom, or a variety of commercial uses.; Turnkey condition** with major mechanical updates already completed.
