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Multi-Suite Storefront Property
New
For Lease
$15.50 SF/Yr

19940 Conant St, Detroit, MI 48234

Three separately leasable spaces can be combined to create a larger commercial footprint.

Space Size850 SF - 2,550 SF
Days on Market4

Property Features for 19940 Conant St

General Information

Standard status Active
Size 850 SF - 2,550 SF
Net Rentable 850 SF
Property subtype Commercial
Lease Type Modified Gross

Space & Availability

Available Space 850-2,550 SF
Sublease No

Lease Terms

Lease Rate $15.50 /USD/SF/YR
Monthly Rent $1,097-$3,293
Rent per SF/Year $15.50

Additional Details

Highway Access Yes

Amenities

secure gated parking lot
on-street parking

Building Details

Building Size 850 SF
Year Built 1957
Tenancy Multi
Listing Agency: TAP CRE LLC
Listed By: Alan Davidov · License #6505433487
Source: Elliman
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 5 at 6:08PM

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 TAP CRE LLC

Investment Insights

Based on property information with market context.

This 1957 storefront property at 19940 Conant St offers three 850-square-foot units. Tenants may lease an individual unit or combine two or all three for a larger space. The property is suited to retail, service, medical, office, and professional uses, with modified-gross lease terms.

The building fronts Conant Street in Northeast Detroit, between 7 Mile and 8 Mile. A secure gated lot and on-street parking serve the property, with access to 7 Mile, 8 Mile, and I-75.

Key Highlights

  • Three available units, each measuring 850 SF
  • Units may be leased individually or combined, up to all three
  • Modified‑gross lease structure

Property Analytics

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Current Use

Institute Of Supportive Services, ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Skin Care Clinic 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

Multi-tenant
Tenancy
Yes
Highway access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Dining 35% Apparel 24% Electronics 4%
McDonald's Dining
20,755 visits/mo 0.4 miles
Dollar Tree Shops & Services
17,390 visits/mo 0.5 miles
Rainbow Apparel
8,265 visits/mo 0.4 miles
Exxon Shops & Services
7,251 visits/mo 0.0 miles
Tropical Smoothie Cafe Dining
6,244 visits/mo 0.5 miles

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Detroit, MI

$16.53 /SF/Yr
Avg Asking Price
$5.35–$35 /SF/Yr
Price Range
5,884 SF
Avg Space Size

This space is priced 6% below the average of $16.53 /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

What type of property is this?
Storefront property - Three separately leasable spaces can be combined to create a larger commercial footprint.
Where is this storefront property located?
The property is located at 19940 Conant St Detroit, MI.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Three available units, each measuring 850 SF; Units may be leased individually or combined, up to all three; Modified‑gross lease structure
More about this property
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