Neighborhood Shopping
For Lease
$16 SF/Yr
16800-16862 Schaefer Hwy, Detroit, MI 48235
Leasing opportunity with dual curb cuts, established anchor tenants, and space suited to retail, office, or service uses.
Space Size10,970 SF
Property Size38,683 SF
Days on Market235
Property Features for 16800-16862 Schaefer Hwy
General Information
Standard status
Active
Size
10,970 SF
Net Rentable
10,970 SF
Property subtype
Retail
Space & Availability
Available Space
10,970 SF
Contiguous Space
10,970 SF
Site & Location
Anchor Co-Tenants
O’Reilly Auto Parts, H&R Block, Happy’s Pizza
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
38,683 SF
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
JMC Management, LLC
Listed By:
Lawrence Jackson
Source:
Cpix.resimplifi
Added: Jan 8
Changed: Aug 29
Last Checked: Aug 29 at 8:42PM
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 JMC Management, LLC
Investment Insights
Based on property information with market context.
Mercury Pointe Commons is a 38,683-square-foot neighborhood shopping center with 10,970 square feet available for lease. The property offers storefront-oriented space with build-out potential and access designed for customers, employees, and deliveries. Dual curb cuts connect the center to Schafer Highway and Grove, while existing tenants include O’Reilly Auto Parts, H&R Block, and Happy’s Pizza.
The center is located less than a quarter mile from DMC Sinai-Grace Hospital, which has more than 12,000 employees. The surrounding five-mile area includes over 384,000 residents, and the property provides connections to the Lodge and Southfield freeways. Available space is identified as suitable for retail, office, and service-oriented users.
The center is located less than a quarter mile from DMC Sinai-Grace Hospital, which has more than 12,000 employees. The surrounding five-mile area includes over 384,000 residents, and the property provides connections to the Lodge and Southfield freeways. Available space is identified as suitable for retail, office, and service-oriented users.
Key Highlights
- 38,683 SF neighborhood shopping center with 10,970 SF available for lease
- Anchored by O’Reilly Auto Parts, H&R Block, and Happy’s Pizza
- Dual curb cuts on Schafer Highway and Grove
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,302
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 48%
Burger King
Dining
13,308 visits/mo
0.2 miles
KFC
Dining
8,087 visits/mo
0.1 miles
Sunoco
Shops & Services
7,019 visits/mo
0.3 miles
Sunoco
Shops & Services
5,693 visits/mo
0.5 miles
Mobil
Shops & Services
4,163 visits/mo
0.3 miles
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$16.21 /SF/Yr
Avg Asking Price
$11.25–$27 /SF/Yr
Price Range
13,194 SF
Avg Space Size
This space is priced 1% below the average of $16.21 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Similar Off Market Nearby
- Xtravagant Plaza — 16512 James Couzens Fwy, Detroit, MI 48221
- McShaefer Shopping Center — Detroit, MI 48235
- Michigan Secretary of State Self-service Station — 18100 Meyers Rd, Detroit, MI 48235
- DivDat Kiosk Network — 18100 Meyers Rd, Detroit, MI 48235
Frequently Asked Questions
What type of property is this?
Shopping center - Leasing opportunity with dual curb cuts, established anchor tenants, and space suited to retail, office, or service uses.
Where is this shopping center located?
The property is located at 16800-16862 Schaefer Hwy Detroit, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 38,683 SF neighborhood shopping center with 10,970 SF available for lease; Anchored by O’Reilly Auto Parts, H&R Block, and Happy’s Pizza; Dual curb cuts on Schafer Highway and Grove
