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Renovated Retail Space
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18685 Eight Mile, Detroit, MI 48219

Updated storefront with dedicated parking, transit access, and available signage opportunities.

Space Size4,200 SF
Days on Market70

Property Features for 18685 Eight Mile

General Information

Standard status Active
Size 4,200 SF
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Building Size 4,200 SF
Year Built 1966
Year Renovated 2024

Spaces For Lease

at 18685 Eight Mile
1
Size 4,200 SF
Term Negotiable
Rate Contact for pricing
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Listing Agency: Keystone Commercial Real Estate
Listed By: Kathleen Garmo · License #6501415998
Source: Keystonecres
Added: Aug 8 Changed: Oct 15 Last Checked: Oct 14 at 9:40PM

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 Keystone Commercial Real Estate

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Investment Insights

Based on property information with market context.

This retail space offers a 2024 renovation within a building originally constructed in 1966. The property includes a designated parking lot and occupies a signal-controlled corner position, supporting convenient arrival for customers and employees. Signage opportunities are also available for tenant identification.

Located at 18685 Eight Mile in Detroit, Michigan, the property sits beside a bus stop, adding an established transit connection to the site. Its retail-oriented configuration and combination of parking, corner placement, and signage potential support a range of storefront uses.

Key Highlights

  • 2024 building renovation
  • Designated parking lot
  • Signalized corner location

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Law Firm Big Box & Wholesale 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
5,304 visits/mo 0.4 miles
Citgo Shops & Services
4,495 visits/mo 0.4 miles
Sunoco Shops & Services
4,332 visits/mo 0.4 miles

Demographics for 48219, MI

46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Detroit, MI

$18.16 /SF/Yr
Avg Asking Price
$5.35–$100 /SF/Yr
Price Range
12,993 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

Frequently Asked Questions

What type of property is this?
Retail space - Updated storefront with dedicated parking, transit access, and available signage opportunities.
Where is this retail space located?
The property is located at 18685 Eight Mile Detroit, MI.
What are key features of this property?
This property features: 2024 building renovation; Designated parking lot; Signalized corner location
More about this property
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