Building Details

Year Built 1963

Listing Agency: UBTEO

Listed By: Ali M Farhat

Source: Findmichiganhomelistings

Added: Aug 20 Changed: Aug 28 Last Checked: Aug 25 at 6:25AM

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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 UBTEO

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Gym & Fitness Center 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

$2.17 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

620

Businesses Nearby

171k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 56% Shops & Services 41% Electronics 3%

McDonald's Dining

25,158 visits/mo 0.1 miles

Wendy's Dining

18,403 visits/mo 0.5 miles

BP Shops & Services

13,685 visits/mo 0.3 miles

Popeyes Louisiana Kitchen Dining

12,579 visits/mo 0.3 miles

White Castle Dining

11,148 visits/mo 0.3 miles

Demographics for 48223, MI

22,956

Population

11,264

Households

2

Avg Household Size

36

Median Age

19%

College-Educated

91%

High-School Grad

6.1 sq mi

ZIP Area

3,763

Density / Sq Mi

$42,324

Median Household Income

$30,119

Median Earnings

$1,013

Median Rent

$87,700

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 11% below the average of $16.21 /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

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Frequently Asked Questions

Where is this shopping center located?

The property is located at 18600 Fenkell St Detroit, MI.

What is the lease rate?

The lease rate is $1,700/Mo.