Listing Agency: Encore Real Estate Investment Services

Listed By: Deno Bistolarides · License #6502378067 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:34PM

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Investment Insights

Based on property information with market context.

This retail space is located at 3406 Joy Rd in Detroit, Michigan. The property is identified as a retail asset within a commercial real estate setting.

Key Highlights

• 3406 Joy Rd, Detroit, MI 48206

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

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

298

Businesses Nearby

18k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Family Dollar Shops & Services

6,096 visits/mo 0.2 miles

Citgo Shops & Services

4,544 visits/mo 0.1 miles

Valero Energy Shops & Services

3,871 visits/mo 0.4 miles

Dollar General Shops & Services

3,431 visits/mo 0.1 miles

Demographics for 48206, MI

15,712

Population

10,784

Households

1.5

Avg Household Size

38

Median Age

24%

College-Educated

89%

High-School Grad

3.1 sq mi

ZIP Area

5,068

Density / Sq Mi

$43,702

Median Household Income

$36,674

Median Earnings

$923

Median Rent

$102,300

Median Home Value

Market

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property positioned on Joy Rd in Detroit, Michigan.

Where is this retail space located?

The property is located at 3406 Joy Rd Detroit, MI.

What are key features of this property?

This property features: 3406 Joy Rd, Detroit, MI 48206