Retail Space in Grandland
For Lease
$3,362/Mo NNN
18618 Fenkell Street, Detroit, MI 48223
Retail space available in a high-traffic shopping center.
Space SizeContact for details
Property Size3,362 SF
Days on Market139
Property Features for 18618 Fenkell Street
General Information
Standard status
Active
Size
3,362 SF
Zoning
Commercial
Building Details
Building Size
3,362 SF
Year Built
1963
Listing Agency:
UBTEO
(313) 450-5055
Listed By:
Ali M Farhat · License #6505432920
(313) 450-5055
Source:
Phgrealty
Added: Apr 7
Changed: Aug 23
Last Checked: Aug 23 at 5:55AM
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
Investment Insights
Based on property information with market context.
A retail space is available for lease at the Grandland Shopping Center. The location benefits from high visibility, with approximately 137,000 vehicles passing by daily. The available space is a 3362 square foot white box unit, suitable for various retail applications. Parking is available with 315 spaces. The lease is structured as a triple net lease, with a minimum commitment of 12 months. Demographic data within a 5-mile radius indicates a population of 400,407 residents, with an average income of $60,951.
Key Highlights
- High traffic location: 137,000 vehicles pass by daily.
- Large customer base: 400,407 residents within a 5‑mile radius.
- Strong local economy: Average income of $60,951 within a 5‑mile radius.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
171k
Monthly Visits Nearby
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
$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 SF
Avg Space Size
This space is priced 21% below the average of $15.29 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in a high-traffic shopping center.
Where is this retail space located?
The property is located at 18618 Fenkell Street Detroit, MI.
What is the lease rate?
The lease rate is $3,362/Mo.
What are key features of this property?
This property features: High traffic location: 137,000 vehicles pass by daily.; Large customer base: 400,407 residents within a 5‑mile radius.; Strong local economy: Average income of $60,951 within a 5‑mile radius.
