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Ground-Floor Retail Storefront
For Lease
$30 SF/Yr

4240 Cass Avenue, Detroit, MI 48201

Ground-floor storefront on Cass Avenue with generous glazing for sidewalk product exposure and flexible retail build-out options.

Space Size772 SF - 1,028 SF
Property Size56,000 SF
Days on Market81

Property Features for 4240 Cass Avenue

General Information

Standard status Active
Size 772 SF - 1,028 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 56,000 SF
Year Built 2012

Spaces For Lease

at 4240 Cass Avenue Contact us

Suite 110 $30/SF/Yr

Size
772 SF
Term
Negotiable
Contact us

Suite 111 $30/SF/Yr

Size
1,028 SF
Term
Negotiable
Contact us
Listing Agency: Keystone Commercial Real Estate
Listed By: Devon Campbell · License #MI #6501464004APP25
Source: Keystonecres
Added: Jun 2 Changed: Aug 12 Last Checked: Aug 20 at 4:56AM

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 Keystone Commercial Real Estate

Investment Insights

Based on property information with market context.

Ground-floor retail storefront with generous glazing designed for strong sidewalk visibility and natural light. The interior layout offers flexible build-out potential for a single tenant or subdivided retail suites, supported by contemporary utilities, dedicated service access, and high ceilings that can accommodate a range of merchandising concepts.

Located on highly traveled Cass Avenue in the heart of Midtown Detroit beneath a 58-unit apartment community. The property is near Little Caesars Arena, Comerica Park, and Ford Field, and is within walking distance to Wayne State University and the Detroit Medical Center, supported by a strong daytime population. Easy access to the QLINE and major downtown thoroughfares further supports customer traffic, with surrounding dining and entertainment venues nearby.

This is a practical option for users seeking a polished retail presence with storefront glazing and a configurable interior plan.

Key Highlights

  • Built in 2012, featuring a ground‑floor retail storefront on Cass Avenue in Midtown Detroit
  • Generous glazing provides natural light and product exposure from the sidewalk
  • Flexible interior build‑out options for a single tenant or subdivided retail suites

Property Analytics

Current Use

The Auburn Apartment Building Kitchen accessories (Bike/Boat/Book/etc) Store Source Booksellers (Bike/Boat/Book/etc) Store Tou & Mai Cafe & Coffee Shop Nora Detroit (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nail Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Barber Shop Hair Salon Storage Facility

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,753
Businesses Nearby
155k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Dining 30% Groceries 28% Apparel 7%
Whole Foods Market Groceries
42,654 visits/mo 0.4 miles
McDonald's Dining
31,104 visits/mo 0.1 miles
Shell Shops & Services
13,363 visits/mo 0.2 miles
Barnes & Noble Shops & Services
10,023 visits/mo 0.4 miles
Shinola Apparel
9,011 visits/mo 0.1 miles

Demographics for 48201, MI

14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
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

This space is priced 96% above the average of $15.29 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor storefront on Cass Avenue with generous glazing for sidewalk product exposure and flexible retail build-out options.
Where is this retail space located?
The property is located at 4240 Cass Avenue Detroit, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Built in 2012, featuring a ground‑floor retail storefront on Cass Avenue in Midtown Detroit; Generous glazing provides natural light and product exposure from the sidewalk; Flexible interior build‑out options for a single tenant or subdivided retail suites
More about this property
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