Building Details

Building Size 1,250 SF

Year Built 1965

Listing Agency: Pilot Property Group - Residential LLC a***@pilotpg.com Show Phone

Listed By: Alexander Termini · License #6501392648 Show Phone

Source: Phgrealty

Added: Sep 19, 2023 Changed: Aug 30 Last Checked: Aug 31 at 5:08PM

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Investment Insights

Based on property information with market context.

This storefront retail space is configured as a former salon within a commercial plaza at 28849 Ryan in Warren, Michigan. The property has Commercial zoning and was built in 1965.

Key Highlights

• Former salon space within a commercial plaza
• Commercial zoning
• Built in 1965

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Gym & Fitness Center 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

Location Intelligence

Trade Area within ½ mile

478

Businesses Nearby

13k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 59% Dining 41%

Mobil Shops & Services

4,544 visits/mo 0.1 miles

Jet's Pizza Dining

3,442 visits/mo 0.1 miles

Marathon Petroleum Shops & Services

3,079 visits/mo 0.1 miles

SUBWAY Dining

1,818 visits/mo 0.1 miles

Demographics for 48092, MI

27,186

Population

11,052

Households

2.5

Avg Household Size

42

Median Age

27%

College-Educated

86%

High-School Grad

8.1 sq mi

ZIP Area

3,356

Density / Sq Mi

$71,761

Median Household Income

$40,174

Median Earnings

$1,186

Median Rent

$205,300

Median Home Value

Market

Lease Benchmarks for Warren, MI

$15.62 /SF/Yr

Avg Asking Price

$13–$18 /SF/Yr

Price Range

5,187 SF

Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Former salon space within a commercial plaza.

Where is this storefront property located?

The property is located at 28849 Ryan Warren, MI.

What is the lease rate?

The lease rate is $1,718/Mo.

What are key features of this property?

This property features: Former salon space within a commercial plaza; Commercial zoning; Built in 1965