Storefront
For Lease
$1,400/Mo
20109 W 8 Mile Road, Detroit, MI 48219
Property expenses for taxes, insurance, and management are included in the rent; tenants pay utilities.
Space SizeContact for details
Property Size1,700 SF
Days on Market1205
Property Features for 20109 W 8 Mile Road
General Information
Standard status
Active
Size
1,700 SF
Property subtype
Commercial
Site & Location
Neighborhood
Holcomb Community
Utilities to Site
Yes
Building Details
Building Size
1,700 SF
Listing Agency:
Real Estate One/Max Broock Realtors
Listed By:
Desert & Douglas
(734) 678-9769
Source:
Desertdouglas
Added: Jul 12, 2023
Changed: Oct 28
Last Checked: Oct 28 at 1:37AM
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 Real Estate One/Max Broock Realtors
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,700-square-foot storefront at 20109 W 8 Mile Road was previously used as a tax office. Property taxes, insurance, and management are included in the rent, while the tenant is responsible for utilities.
The property is situated on W 8 Mile Road at Evergreen, at a signalized intersection with a turnaround. Local and national tenants are also present in the surrounding area.
The property is situated on W 8 Mile Road at Evergreen, at a signalized intersection with a turnaround. Local and national tenants are also present in the surrounding area.
Key Highlights
- 1,700 square feet of storefront space
- At W 8 Mile Road and Evergreen, near a signalized intersection and turnaround
- Rent includes property taxes, insurance, and management; tenant pays utilities
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.48 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valero Energy
Shops & Services
5,304 visits/mo
0.4 miles
Citgo
Shops & Services
4,495 visits/mo
0.4 miles
Sunoco
Shops & Services
4,332 visits/mo
0.4 miles
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$16.52 /SF/Yr
Avg Asking Price
$5.35–$35 /SF/Yr
Price Range
5,947 SF
Avg Space Size
This space is priced 40% below the average of $16.52 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Storefront property - Property expenses for taxes, insurance, and management are included in the rent; tenants pay utilities.
Where is this storefront property located?
The property is located at 20109 W 8 Mile Road Detroit, MI.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: 1,700 square feet of storefront space; At W 8 Mile Road and Evergreen, near a signalized intersection and turnaround; Rent includes property taxes, insurance, and management; tenant pays utilities
