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Renovated Storefront Space
New
For Lease
$1,500/Mo

15311 Joy Rd, Detroit, MI 48228

Open commercial shell with electrical service in place, ready for tenant build-out.

Space Size1,400 SF
Days on Market5

Property Features for 15311 Joy Rd

General Information

Standard status Active
Size 1,400 SF
Net Rentable 1,400 SF
Property subtype Commercial

Space & Availability

Available Space 1,400 SF
Contiguous Space 1,400 SF

Lease Terms

Lease Rate $1,500 /USD/MO
Monthly Rent $1,500
Rent per SF/Year $12.86

Building Details

Building Size 1,400 SF
Year Built 1958
Listing Agency: Herbert J Hill Realty Real Estate Master
Listed By: Herbert J Hill Jr · License #6504381646
Source: Elliman
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 1:35PM

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 Herbert J Hill Realty Real Estate Master

Investment Insights

Based on property information with market context.

This approximately 1,400-square-foot storefront space presents a renovated exterior with a bronze-clad door, bronze accents, and tented glass across the storefront. The interior is configured as an open commercial shell, giving a tenant flexibility to plan the layout and finishes around its operations. Electrical service is already in place.

The property is located at 15311 Joy Rd in Detroit, Michigan. Its recorded walk score is 45, with a car-dependent designation; the transit score is 46, identified as some transit, and the bike score is 50, identified as bikeable. The building was constructed in 1958.

Key Highlights

  • Approximately 1,400 Sq.Ft. of storefront commercial space
  • Open interior shell supports a customized tenant build‑out
  • Electrical service already in place

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Garden Center (Bike/Boat/Book/etc) Store

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
$1.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 36%
White Castle Dining
11,027 visits/mo 0.2 miles
Family Dollar Shops & Services
5,404 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
5,244 visits/mo 0.2 miles
Mobil Shops & Services
4,667 visits/mo 0.4 miles
Sunoco Shops & Services
4,291 visits/mo 0.4 miles

Demographics for 48228, MI

53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.32 /SF/Yr
Avg Asking Price
$5.35–$32.73 /SF/Yr
Price Range
4,355 SF
Avg Space Size

This space is priced 16% below the average of $15.32 /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
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Frequently Asked Questions

What type of property is this?
Storefront property - Open commercial shell with electrical service in place, ready for tenant build-out.
Where is this storefront property located?
The property is located at 15311 Joy Rd Detroit, MI.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Approximately 1,400 Sq.Ft. of storefront commercial space; Open interior shell supports a customized tenant build‑out; Electrical service already in place
More about this property
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