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Retail Space with Healthcare Anchor
For Lease
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18430-18490 Livernois Ave, Detroit, MI 48221

Four leasable suites offer flexible delivery options within a renovated community retail center.

Space Size800 SF - 6,480 SF
Days on Market178

Property Features for 18430-18490 Livernois Ave

General Information

Standard status Active
Size 800 SF - 6,480 SF
Net Rentable 800 SF
Property subtype Retail

Space & Availability

Available Space 800-6,480 SF
Space Use Medical

Amenities

monument signage
building signage
modernized building facade
updated building systems
updated infrastructure
updated signage

Building Details

Tenancy Multi
Listing Agency: PA Commercial
Listed By: DeVon Jackson · License #6501320577
Source: Cpix.resimplifi
Added: Mar 9 Changed: Aug 29 Last Checked: Aug 29 at 4:13PM

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 PA Commercial

Investment Insights

Based on property information with market context.

This community retail center offers four available suites ranging from 800 to 6,480 SF, with the option to combine spaces for a larger requirement. Building improvements include updated systems, infrastructure, signage, and a modernized facade. Suites can be delivered in white-box condition or customized for the incoming occupant.

The property is located at 18430-18490 Livernois Ave in Detroit’s University District, south of The Avenue of Fashion. A multinational healthcare company anchors the center, and both monument and building signage are available. A new parking lot is planned for 2024, adding to the property’s ongoing improvements.

Key Highlights

  • 800 - 6,480 SF available across four suites
  • Suites may be combined for a qualified tenant
  • Anchored by a multinational healthcare company

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Electrical 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

624
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 73% Dining 19% Home Improvements & Furnishings 6% Electronics 2%
BP Shops & Services
12,452 visits/mo 0.4 miles
Pet Supplies Plus Shops & Services
6,947 visits/mo 0.3 miles
Dollar General Shops & Services
6,620 visits/mo 0.4 miles
Little Caesars Pizza Dining
5,069 visits/mo 0.5 miles
Comerica Bank Shops & Services
2,946 visits/mo 0.3 miles

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Four leasable suites offer flexible delivery options within a renovated community retail center.
Where is this retail space located?
The property is located at 18430-18490 Livernois Ave Detroit, MI.
What are key features of this property?
This property features: 800 - 6,480 SF available across four suites; Suites may be combined for a qualified tenant; Anchored by a multinational healthcare company
More about this property
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