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Retail Space with Corner Location
New
For Lease
$3,000/Mo

14600 Puritan Ave, Detroit, MI 48227

The freshly painted interior is offered with a minimum five-year lease term and on-site parking.

Space Size3,000 SF
Days on Market3

Property Features for 14600 Puritan Ave

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Total Parking Spaces 10
Property subtype Commercial

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF

Lease Terms

Lease Rate $3,000 /USD/MO
Monthly Rent $3,000
Rent per SF/Year $12

Additional Details

Corner Location Yes

Building Details

Year Built 1941
Units 1
Listing Agency: Majestic Homes & Investments
Listed By: Tonya Emery · License #0640035
Source: Elliman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 3:01AM

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 Majestic Homes & Investments

Investment Insights

Based on property information with market context.

This retail space contains approximately 3,000 square feet and has been freshly painted. The property was built in 1941 and includes 10 parking spaces.

Positioned at the corner of Puritan and Hubbell in Detroit, the space is offered for lease with a minimum term of 60 months. Its listed address is 14600 Puritan Ave.

Key Highlights

  • Approximately 3,000 square feet of retail space
  • 10 parking spots available
  • Corner location at Puritan and Hubbell

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Electrical Service Parking Lot & Garage Gym & Fitness Center

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 13% Electronics 3%
BP Shops & Services
7,584 visits/mo 0.2 miles
Sunoco Shops & Services
6,252 visits/mo 0.2 miles
Little Caesars Pizza Dining
3,412 visits/mo 0.4 miles
Exxon Shops & Services
3,021 visits/mo 0.4 miles
Advance Auto Parts Shops & Services
2,564 visits/mo 0.5 miles

Demographics for 48227, MI

40,266
Population
19,933
Households
2
Avg Household Size
36
Median Age
12%
College-Educated
83%
High-School Grad
7.5 sq mi
ZIP Area
5,369
Density / Sq Mi
$36,221
Median Household Income
$31,797
Median Earnings
$1,034
Median Rent
$70,900
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$18.31 /SF/Yr
Avg Asking Price
$5.35–$100 /SF/Yr
Price Range
13,272 SF
Avg Space Size

This space is priced 34% below the average of $18.31 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The freshly painted interior is offered with a minimum five-year lease term and on-site parking.
Where is this retail space located?
The property is located at 14600 Puritan Ave Detroit, MI.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Approximately 3,000 square feet of retail space; 10 parking spots available; Corner location at Puritan and Hubbell
More about this property
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