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Aldi-Anchored Shopping Center

15127 Woodward Avenue, Highland Park, MI 48203

For Lease
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Retail space is offered along Woodward Avenue, beside a trail corridor on the property's north side.

Space Size1,377 SF
Days on Market36

Property Features for 15127 Woodward Avenue

General Information

Standard status Active
Size 1,377 SF
Property subtype Retail

Spaces For Lease

at 15127 Woodward Avenue
#1 Active
Size 1,377 SF
Contact us
Listing Agency: GD Real Estate Services LLC
Listed By: Gary David · License MI #6502430398
Source: Crexi
Added: Oct 6 Changed: Nov 8 Last Checked: Nov 8 at 5:19PM

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 GD Real Estate Services LLC

Rey
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Investment Insights

Based on property information with market context.

The Shops at Woodward Place is a shopping center anchored by ALDI. Its tenant mix also includes Church's, H&R Block and Dunkin', with Church's located on an outparcel. Retail space is available for lease at the center.

The property fronts Woodward Avenue in Highland Park, Michigan. The Joe Louis Greenway runs along the north side, where its Highland Park segment crosses Woodward Avenue. The greenway forms a 27.5-mile trail and park loop connecting Detroit, Highland Park, Hamtramck and Dearborn, with links to the Dequindre Cut and Detroit RiverWalk.

Key Highlights

  • ALDI‑anchored shopping center
  • Church's outparcel, with H&R Block and Dunkin' also in the tenant mix
  • Woodward Avenue frontage in Highland Park, Michigan

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

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

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

376
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Electronics 18%
Comerica Bank Shops & Services
2,195 visits/mo 0.4 miles
Citgo Shops & Services
2,052 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
1,382 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,238 visits/mo 0.4 miles

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF/Yr for Shopping centers in Wayne County, MI

$20.27 Jul
$15.75 Aug
$15.81 Sep
$16.24 Oct

Properties on Market for Shopping centers in Wayne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • DivDat Kiosk Network — 16400 Woodward Ave, Highland Park, MI 48203
  • Shopping bag supermarket — 214 W Seven Mile Rd, Highland Park, MI 48203

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space is offered along Woodward Avenue, beside a trail corridor on the property's north side.
Where is this shopping center located?
The property is located at 15127 Woodward Avenue Highland Park, MI.
What are key features of this property?
This property features: ALDI‑anchored shopping center; Church's outparcel, with H&R Block and Dunkin' also in the tenant mix; Woodward Avenue frontage in Highland Park, Michigan
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