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Anchored Retail Center
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1301 8 Mile Road, Detroit, MI 48203

The center features grocery, apparel, fitness, and discount retail anchors.

Space Size1,500 SF
Property Size325,000 SF
Days on Market8

Property Features for 1301 8 Mile Road

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail

Site & Location

Neighborhood Grixdale Farms

Building Details

Building Size 325,000 SF

Spaces For Lease

at 1301 8 Mile Road
1
Size 1,500 SF
Term Negotiable
Rate Contact for pricing
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Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Susan Acciaioli
Source: Midamericagrp
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 30 at 1:16PM

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 Mid America Real Estate - Michigan Inc

Rey
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Investment Insights

Based on property information with market context.

This shopping center at 1301 8 Mile Road in Detroit includes Meijer, Marshalls, K&G Fashion Superstore, Planet Fitness, and Five Below as established retail anchors.

The property is positioned along the Woodward Avenue and 8 Mile corridor in Metro Detroit. Retail space is offered for lease.

Key Highlights

  • Anchors include Meijer, Marshalls, K&G Fashion Superstore, Planet Fitness, and Five Below
  • Located in Metro Detroit along the Woodward Avenue and 8 Mile corridor

Property Analytics

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Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Dental Office HVAC Service (Bike/Boat/Book/etc) Store Garden Center Locksmith

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

376
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Electronics 18%
Comerica Bank Shops & Services
2,195 visits/mo 0.4 miles
Citgo Shops & Services
2,052 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
1,382 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,238 visits/mo 0.4 miles

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Detroit, MI

$16.29 /SF/Yr
Avg Asking Price
$11.25–$20 /SF/Yr
Price Range
11,312 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

Similar Off Market Nearby

  • DivDat Kiosk Network — 16400 Woodward Ave, Highland Park, MI 48203
  • Shopping bag supermarket — 214 W Seven Mile Rd, Highland Park, MI 48203

Frequently Asked Questions

What type of property is this?
Shopping center - The center features grocery, apparel, fitness, and discount retail anchors.
Where is this shopping center located?
The property is located at 1301 8 Mile Road Detroit, MI.
What are key features of this property?
This property features: Anchors include Meijer, Marshalls, K&G Fashion Superstore, Planet Fitness, and Five Below; Located in Metro Detroit along the Woodward Avenue and 8 Mile corridor
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