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First-Floor Retail Space
New
For Lease
$30-$35 SF/Yr

2941 Wattles Rd Unit B, Troy, MI 48085

New construction offers direct-entry storefronts with signage rights and ample parking.

Space Size984 SF - 6,179 SF
Days on Market3

Property Features for 2941 Wattles Rd Unit B

General Information

Standard status Active
Size 984 SF - 6,179 SF
Net Rentable 984 SF
Lease Type NNN

Space & Availability

Available Space 984-6,179 SF
Floor Ground
Space Use Retail
Available From 2027-Q3

Lease Terms

Lease Rate $35 /USD/SF/YR
Rent per SF/Year $30-$35

Site & Location

Corner Location Yes
Highway Access Yes

Amenities

direct entrance
signage rights

Building Details

Year Built 2027
Stories 2
Tenancy Multi
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Premiermichiganhomesearch
Added: Sep 8 Last Checked: Sep 9 at 9:31PM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

Retail suites are planned on the ground level of a new two-story mixed-use development, with available configurations ranging from 984 SF to 6,179 SF. Each space is designed with a direct exterior entrance, while signage rights are available for tenant identification. The project is scheduled for delivery in Q3-2027, with apartments occupying the second floor.

The property occupies the corner of Wattles Rd and Dequindre Rd in Troy, providing access to I-75. Ample parking is planned on site, supporting customer and staff access for a range of retail operations.

Key Highlights

  • 984 SF to 6,179 SF of first‑floor retail space
  • Q3‑2027 delivery for new two‑story mixed‑use development
  • Direct exterior entrances for retail suites

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Law Firm Dental Office Hair Salon Building Supply Auto Repair Shop

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$4.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 48085, MI

26,507
Population
9,330
Households
2.8
Avg Household Size
42
Median Age
59%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,850
Density / Sq Mi
$144,146
Median Household Income
$65,370
Median Earnings
$2,213
Median Rent
$395,300
Median Home Value

Market

Lease Benchmarks for Troy, MI

$19.5 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
17,422 SF
Avg Space Size

This space is priced 67% above the average of $19.5 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - New construction offers direct-entry storefronts with signage rights and ample parking.
Where is this retail space located?
The property is located at 2941 Wattles Rd Unit B Troy, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 984 SF to 6,179 SF of first‑floor retail space; Q3‑2027 delivery for new two‑story mixed‑use development; Direct exterior entrances for retail suites
More about this property
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