Corner Restaurant
New
For Lease
$25 SF/Yr
22965 Woodward Avenue, Ferndale, MI 48220
A lease term of three to five years is available for this restaurant property.
Space Size3,945 SF
Days on Market5
Property Features for 22965 Woodward Avenue
General Information
Standard status
Active
Size
3,945 SF
Property subtype
Retail
Lease Term
NNN
Lease Terms
Lease Term
60 months
Flexible Term
Yes
Additional Details
Space Use
Restaurant
Corner Location
Yes
Building Details
Building Size
3,945 SF
Spaces For Lease
at 22965 Woodward Avenue
22965 Woodward
$25/SF/Yr
Size
3,945 SF
Type
Street Retail
Term
60 months
Listing Agency:
NAI Farbman - Corporate
Listed By:
Rick Ax · License #6506040861
(248) 842-0314
Source:
Naiglobal
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 5 at 3:36PM
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 NAI Farbman - Corporate
Investment Insights
Based on property information with market context.
This restaurant space occupies a corner position on Woodward Avenue in Ferndale, north of Nine Mile. Public parking is available nearby, with the property situated in downtown Ferndale. The lease term is three to five years.
Key Highlights
- Corner‑position restaurant space on Woodward Avenue
- Three to five‑year lease term
- Public parking available
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,629
Businesses Nearby
149k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Shops & Services 20%
Electronics 5%
Beauty & Spa 4%
McDonald's
Dining
22,302 visits/mo
0.2 miles
Wendy's
Dining
20,467 visits/mo
0.2 miles
Pizza Hut
Dining
13,458 visits/mo
0.2 miles
Mobil
Shops & Services
9,934 visits/mo
0.3 miles
Jimmy John's
Dining
9,851 visits/mo
0.2 miles
Demographics for 48220, MI
21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - A lease term of three to five years is available for this restaurant property.
Where is this conventional restaurant located?
The property is located at 22965 Woodward Avenue Ferndale, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Corner‑position restaurant space on Woodward Avenue; Three to five‑year lease term; Public parking available
