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Commercial Space on Warren Avenue
For Lease
$1,100/Mo

16911 E Warren Ave, Detroit, MI 48224

Highly visible commercial space for lease on Warren Avenue.

Space SizeContact for details
Days on Market158

Property Features for 16911 E Warren Ave

General Information

Standard status Active
Listing Agency: EXP Realty Main
Listed By: LaCretia Baldwin
Source: Exprealty
Added: Mar 30 Changed: Sep 3 Last Checked: Jun 30 at 8:16PM

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 EXP Realty Main

Investment Insights

Based on property information with market context.

This commercial space is located on Warren Avenue, a busy thoroughfare. The property offers an opportunity for entrepreneurs seeking foot traffic and exposure in an established area. Previously used as a tobacco and smoke shop, it may suit a vape store, convenience retail, or a specialty boutique. The interior features a functional floor plan. The property includes a large outdoor space and sitting area. The location has a bike score of 66, indicating it is bikeable, a walk score of 61, indicating it is somewhat walkable, and a transit score of 41, indicating some transit options are available.

Key Highlights

  • Highly visible commercial space on busy Warren Avenue.
  • Excellent leasing opportunity for high foot traffic and great exposure.
  • Functional interior floor plan.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Kitchen & Bath Showroom Building Supply Skin Care Clinic Furniture & Home Goods HVAC Service

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
$2.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Home Improvements & Furnishings 16%
Dollar General Shops & Services
6,065 visits/mo 0.3 miles
Family Dollar Shops & Services
5,487 visits/mo 0.2 miles
Sunoco Shops & Services
4,446 visits/mo 0.2 miles
AutoZone Shops & Services
3,579 visits/mo 0.3 miles
True Value Hardware Home Improvements & Furnishings
2,977 visits/mo 0.5 miles

Demographics for 48224, MI

39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$16.39 /SF/Yr
Avg Asking Price
$2.85–$35 /SF/Yr
Price Range
13,201 SF
Avg Space Size

This space is priced 15% above the average of $16.39 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Highly visible commercial space for lease on Warren Avenue.
Where is this retail space located?
The property is located at 16911 E Warren Ave Detroit, MI.
What is the lease rate?
The lease rate is $1,100/Mo.
What are key features of this property?
This property features: Highly visible commercial space on busy Warren Avenue.; Excellent leasing opportunity for high foot traffic and great exposure.; Functional interior floor plan.
More about this property
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