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Two-Tenant Retail Shopping Center
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1921 E 8 Mile Rd, Warren, MI 48091

Two freestanding retail buildings, including a former Walgreens built in 1999 and a second unit currently vacant.

Property SizeContact for details
Days on Market123

Property Features for 1921 E 8 Mile Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Matysek Investment Group Commercial Real Estate Advisors
Listed By: Paul Matysek CCIM · License #CA 01757671
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 2:47AM

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 Matysek Investment Group Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

This two-tenant shopping center consists of two freestanding retail buildings. The corner building was built brand new in 1999 and previously operated as a Walgreens for 20 years, later downsizing to a smaller location nearby. The second building is occupied by Check N Go, though their lease expired in early 2021.

The property is located at 1921 E 8 Mile Rd in Warren, MI. The vacancy has seen other retailer activity, and the broker can provide additional details on request.

For buyers, the site can be considered an owner-user opportunity or an investment with a path to re-leasing the vacant Walgreens building, alongside the second unit’s repositioning following the lease expiration.

Key Highlights

  • Two‑tenant shopping center with two free‑standing retail buildings
  • Former Walgreens corner building built in 1999
  • Walgreens operated for 20 years before downsizing to a smaller nearby location

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Barber Shop

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

297
Businesses Nearby
53k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Taco Bell Dining
12,268 visits/mo 0.1 miles
Sunoco Shops & Services
9,357 visits/mo 0.5 miles
Sunoco Shops & Services
9,022 visits/mo 0.5 miles
Checkers Dining
8,590 visits/mo 0.0 miles
Family Dollar Shops & Services
5,153 visits/mo 0.4 miles

Demographics for 48091, MI

32,267
Population
12,919
Households
2.5
Avg Household Size
37
Median Age
17%
College-Educated
82%
High-School Grad
7.9 sq mi
ZIP Area
4,084
Density / Sq Mi
$53,400
Median Household Income
$31,877
Median Earnings
$1,231
Median Rent
$138,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Two freestanding retail buildings, including a former Walgreens built in 1999 and a second unit currently vacant.
Where is this shopping center located?
The property is located at 1921 E 8 Mile Rd Warren, MI.
What are key features of this property?
This property features: Two‑tenant shopping center with two free‑standing retail buildings; Former Walgreens corner building built in 1999; Walgreens operated for 20 years before downsizing to a smaller nearby location
(310) 405-0902 Call to check price and availability
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