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Brick Retail Storefront with Security Gate
For Lease
$2,000/Mo

15390 Gratiot Avenue, Detroit, MI 48205

Nicely maintained brick building with glass storefront and security gate, offering 2,200 sf of retail space.

Property Size4,400 SF
Days on Market1199

Property Features for 15390 Gratiot Avenue

General Information

Standard status Active
Size 4,400 SF
Lease Type /mo

Amenities

glass storefront
security gate

Building Details

Building Size 2,200 SF
Year Built 1948
Stories 2
Construction brick
Listing Agency: Keller Williams Paint Creek
Listed By: John Kurczak · License #6501258219
Source: Phgrealty
Added: Apr 19, 2023 Changed: Jul 25 Last Checked: Jul 29 at 1:33PM

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 Paint Creek

Investment Insights

Based on property information with market context.

This nicely maintained brick retail building features a glass storefront with a security gate. Space is offered at approximately 2,200 square feet.

The property is positioned in a high-demand area, with plenty of national chains across the street.

It is well-suited for businesses seeking a retail storefront presence in a brick building with a secured glass frontage.

Key Highlights

  • Brick retail building built in 1948
  • Glass storefront with security gate
  • 2,200 SF of retail space

Property Analytics

Current Use

Chin's Wig Shop Clothing & Fashion Store Title Loans Detroit ... Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale Store

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
$0.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
144k
Monthly Visits Nearby
Under-served
Demand for This Use

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

$15.25 /SF/Yr
Avg Asking Price
$3–$32.73 /SF/Yr
Price Range
14,943 SF
Avg Space Size

This space is priced 64% below the average of $15.25 /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
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Frequently Asked Questions

What type of property is this?
Storefront property - Nicely maintained brick building with glass storefront and security gate, offering 2,200 sf of retail space.
Where is this storefront property located?
The property is located at 15390 Gratiot Avenue Detroit, MI.
What is the lease rate?
The lease rate is $2,000 /Mo.
What are key features of this property?
This property features: Brick retail building built in 1948; Glass storefront with security gate; 2,200 SF of retail space
More about this property
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