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Renovated Strip Mall Space
For Lease
$3,319/Mo

16048 15 Mile Road, Fraser, MI 48026

Retail suites offer flexible configurations with monument signage and frontage on two roads.

Space Size1,200 SF - 2,350 SF
Days on Market829

Property Features for 16048 15 Mile Road

General Information

Standard status Active
Size 1,200 SF - 2,350 SF
Net Rentable 1,200 SF
Zoning Commercial, Office

Additional Details

Available Space 1,200-2,350 SF
Corner Location Yes

Amenities

monument sign

Building Details

Building Size 2,350 SF
Year Built 2021
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Alexander Termini · License #6501392648
Source: Carolbollo
Added: May 6, 2024 Changed: Aug 8 Last Checked: Aug 11 at 1:33PM

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 Pilot Property Group - Residential LLC

Investment Insights

Based on property information with market context.

Strip mall retail space is available in configurations ranging from 1,200 to 2,350 square feet. A major renovation is in process, and the property includes an onsite monument sign. The building was constructed in 2021.

The property has frontage on both Utica Road and 15 Mile Road, with a location across from Meijer, Taco Bell, AutoZone, Jersey Mike's, and Starbucks.

Key Highlights

  • 1,200‑2,350 square feet available
  • Frontage on both Utica Road and 15 Mile Road
  • Major renovation in process

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Big Box & Wholesale Store 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

364
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 89% Dining 5% Electronics 5%
Mobil Shops & Services
8,856 visits/mo 0.0 miles
7-Eleven Shops & Services
6,690 visits/mo 0.1 miles
Domino's Pizza Dining
958 visits/mo 0.5 miles
AT&T Electronics
923 visits/mo 0.5 miles

Demographics for 48026, MI

14,726
Population
6,778
Households
2.2
Avg Household Size
44
Median Age
21%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,592
Density / Sq Mi
$61,118
Median Household Income
$40,198
Median Earnings
$827
Median Rent
$193,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Strip mall - Retail suites offer flexible configurations with monument signage and frontage on two roads.
Where is this strip mall located?
The property is located at 16048 15 Mile Road Fraser, MI.
What is the lease rate?
The lease rate is $3,319/Mo.
What are key features of this property?
This property features: 1,200‑2,350 square feet available; Frontage on both Utica Road and 15 Mile Road; Major renovation in process
More about this property
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