Divisible Retail/Office
For Lease
$14 SF/Yr
16700 Grand River Ave, Detroit, MI 48227
Retail/office space totals 7,500 SF and is divided into six individual suites for flexible occupancy.
Space Size7,500 SF
Property Size17,200 SF
Days on Market95
Property Features for 16700 Grand River Ave
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Retail
Lease Term
Gross
Building Details
Building Size
17,200 SF
Spaces For Lease
at 16700 Grand River Ave Contact us- Size
- 7,500 SF
- Term
- Negotiable
Available Space 1 $14/SF/Yr
Listing Agency:
Keystone Commercial Real Estate
Listed By:
Kathleen Garmo · License #6501415998
(248) 406-1761
Source:
Keystonecres
Added: Jun 2
Changed: Aug 8
Last Checked: Sep 4 at 5:39AM
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 Keystone Commercial Real Estate
Investment Insights
Based on property information with market context.
16700 Grand River Ave offers a total of 7,500 SF of retail/office space divided into six individual suites. The configuration supports flexible leasing, including the option for a single user to take the entire footprint, or multiple tenants to occupy separate suites. The property is described as former cleaners space, and is presented for retail, office, or service-based use.
The property is located on Grand River Avenue with high visibility and convenient access to surrounding retail, dining, and commercial destinations. Ample on-site parking is available for both customers and staff.
With six suites ranging from 1,203 SF up to 7,500 SF, the layout is designed to accommodate a variety of storefront, office, and service requirements within one building.
The property is located on Grand River Avenue with high visibility and convenient access to surrounding retail, dining, and commercial destinations. Ample on-site parking is available for both customers and staff.
With six suites ranging from 1,203 SF up to 7,500 SF, the layout is designed to accommodate a variety of storefront, office, and service requirements within one building.
Key Highlights
- 7,500 SF retail/office space divided into six individual suites for flexible occupancy
- Suite sizes range from 1,203 SF up to 7,500 SF
- High‑visibility location along Grand River Avenue
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
412
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
$15.11 /SF/Yr
Avg Asking Price
$2.85–$38 /SF/Yr
Price Range
5,961 SF
Avg Space Size
This space is priced 7% below the average of $15.11 /SF/Yr.
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Similar Off Market Nearby
- Cindy's Floral Distributing — abington ave, detroit, mi 48227
- Perfect Touch Flower Shop — 16054 Grand River Ave St, Detroit, MI 48227
Frequently Asked Questions
What type of property is this?
Storefront property - Retail/office space totals 7,500 SF and is divided into six individual suites for flexible occupancy.
Where is this storefront property located?
The property is located at 16700 Grand River Ave Detroit, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 7,500 SF retail/office space divided into six individual suites for flexible occupancy; Suite sizes range from 1,203 SF up to 7,500 SF; High‑visibility location along Grand River Avenue
