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Rear Endcap Retail Suite
For Lease
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16853-16865 Penrod Dr, Clinton Township, MI 48035

Rear endcap retail unit with an open floorplan, convenient for a range of uses.

Space Size1,300 SF
Property Size6,200 SF
Days on Market776

Property Features for 16853-16865 Penrod Dr

General Information

Standard status Active
Size 1,300 SF
Class C
Total Parking Spaces 31
Property subtype Retail
Lease Type Gross

Building Details

Building Size 6,200 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 16853-16865 Penrod Dr Contact us

16865

Size
1,300 SF
Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Pilot Property Group
Listed By: Luc Fluent · License #6501405301
Source: Crexi
Added: Jul 22, 2024 Changed: Aug 25 Last Checked: Sep 1 at 3:12AM

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 Pilot Property Group

Investment Insights

Based on property information with market context.

This offering includes a 1,300 SF rear endcap unit within a retail strip center. The space features an open floorplan intended to accommodate a variety of retail and other flexible uses.

Visibility and area drive time are supported by nearby traffic counts of 20,000+ cars on Garfield and 40,000+ cars on Metro Parkway.

For additional details on availability and lease terms, contact the broker directly.

Key Highlights

  • 1,300 SF rear endcap retail unit
  • Open floorplan suited for a range of uses
  • Located on a street with 20,000+ cars per day on Garfield & 40,000+ cars per day on Metro Parkway

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Restaurant Building Supply Hair Salon Big Box & Wholesale Store Skin Care Clinic

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
$2.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 26% Beauty & Spa 13% Electronics 7%
Marathon Shops & Services
5,878 visits/mo 0.2 miles
Little Caesars Pizza Dining
4,236 visits/mo 0.2 miles
Citizens Bank Shops & Services
3,824 visits/mo 0.1 miles
Lady Jane's Haircuts For Men Beauty & Spa
2,794 visits/mo 0.3 miles
Comerica Bank Shops & Services
2,341 visits/mo 0.3 miles

Demographics for 48035, MI

34,018
Population
15,615
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
3,866
Density / Sq Mi
$69,245
Median Household Income
$41,167
Median Earnings
$1,111
Median Rent
$181,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Rear endcap retail unit with an open floorplan, convenient for a range of uses.
Where is this strip mall located?
The property is located at 16853-16865 Penrod Dr Clinton Township, MI.
What is the lease rate?
The lease rate is $13.85 SF/Yr.
What are key features of this property?
This property features: 1,300 SF rear endcap retail unit; Open floorplan suited for a range of uses; Located on a street with 20,000+ cars per day on Garfield & 40,000+ cars per day on Metro Parkway
(586) 651-3337 Call to check price and availability
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