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Grocery-Shadow-Anchored Shopping Center

1301 8 Mile Road, Detroit, MI 48203

For Sale
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Grocery-store shadow anchoring complements this community shopping center.

Property Size134,585 SF
Days on Market8

Property Features for 1301 8 Mile Road

General Information

Standard status Active
Size 134,585 SF
Property subtype Retail

Site & Location

Neighborhood Grixdale Farms
Listing Agency: Mid-America Real Estate
Listed By: Patrick Corrigan · License IL #475208625
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 2:49PM

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

Rey
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Investment Insights

Based on property information with market context.

This Detroit community shopping center contains 134,585 square feet of retail space and is shadow-anchored by a grocery store. The property is located at the Woodward and 8 Mile intersection.

Key Highlights

  • 134,585‑square‑foot community shopping center
  • Grocery‑store shadow anchored
  • At the Woodward and 8 Mile intersection

Property Analytics

Who owns this building? See the owner, sales and loan history
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.

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

Average Price Trend$/SF for Shopping centers in Wayne County, MI

$94.17 Jul
$95.86 Aug
$124 Sep
$142 Oct

Properties on Market for Shopping centers in Wayne County

Jul
Aug
Sep
Oct

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 - Grocery-store shadow anchoring complements this community shopping center.
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: 134,585‑square‑foot community shopping center; Grocery‑store shadow anchored; At the Woodward and 8 Mile intersection
(630) 954-7208 · Office Call to check price and availability
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