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Four-Store Shopping Center
For Sale
Contact for pricing
Pending

17516 7 Mile Rd, Detroit, MI 48235

Retail center configured with four separate storefronts on 7 Mile Road.

Property SizeContact for details
Days on Market146

Property Features for 17516 7 Mile Rd

General Information

Standard status Pending
Property subtype Special Purpose, Business for Sale

Building Details

Tenancy Multi
Listing Agency: Five Star Real Estate
Listed By: Luigj Berisha · License #6506046049
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 1:44PM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

This shopping center comprises four retail storefronts within one commercial property, creating a multi-store configuration for an owner or operator. The asset is positioned on 7 Mile Road and is identified as a retail property in Detroit, Michigan.

The property address is 17516 7 Mile Rd, Detroit, MI 48235. Its four-store layout provides the defining physical characteristic of the center and supports separate retail occupancy within the same property.

Key Highlights

  • Four retail storefronts within one shopping center
  • Located at 17516 7 Mile Rd, Detroit, MI 48235
  • Retail property in Detroit, Michigan

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Food Market Grocery & Convenience Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

713
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 47% Electronics 4%
Wendy's Dining
18,328 visits/mo 0.5 miles
BP Shops & Services
11,900 visits/mo 0.4 miles
AutoZone Shops & Services
5,282 visits/mo 0.4 miles
Metro by T-Mobile Electronics
669 visits/mo 0.4 miles
Metro by T-Mobile Electronics
628 visits/mo 0.4 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

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
Questions? Ask Rey
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 15444 W Seven Mile Rd, Detroit, MI 48235

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center configured with four separate storefronts on 7 Mile Road.
Where is this shopping center located?
The property is located at 17516 7 Mile Rd Detroit, MI.
What are key features of this property?
This property features: Four retail storefronts within one shopping center; Located at 17516 7 Mile Rd, Detroit, MI 48235; Retail property in Detroit, Michigan
More about this property
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