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Retail Storefront Lease Opportunity
For Lease
$15 SF/Yr

201 W 8 Mile Rd, Detroit, MI 48203

Retail storefront at 201 8 Mile Rd with reported 56,000 vehicles daily for strong street-level exposure.

Space Size3,538 SF
Days on Market161

Property Features for 201 W 8 Mile Rd

General Information

Standard status Active
Size 3,538 SF
Property subtype Retail
Lease Term NNN

Additional Details

Traffic Count 56,000 vehicles/day

Building Details

Building Size 3,538 SF
Year Built 1986

Spaces For Lease

at 201 W 8 Mile Rd Contact us

201 W 8 Mile Retail $15/SF/Yr

Size
3,538 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency: Lino Realty Inc
Listed By: Michael Scamardella · License #6505205710
Source: Linorealty
Added: Mar 16 Changed: Aug 23 Last Checked: Aug 22 at 7:01PM

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 Lino Realty Inc

Investment Insights

Based on property information with market context.

Retail storefront opportunity at 201 8 Mile Rd, Detroit, MI 48203, available for lease or purchase. The property is positioned for commercial visibility along a busy corridor, with public remarks citing 56,000 vehicles daily.

This is a straightforward option for retailers or related users seeking a storefront format. Interested parties should confirm details during underwriting and viewings, including the specific space configuration and any lease or purchase terms.

Key Highlights

  • Retail storefront at 201 W 8 Mile Rd
  • Reported 56,000 vehicles daily for street‑level exposure
  • Building year built: 1986

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

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

56,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Electronics 18%
Comerica Bank Shops & Services
2,195 visits/mo 0.4 miles
Citgo Shops & Services
2,052 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
1,382 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,238 visits/mo 0.4 miles

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
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 2% below the average of $15.29 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront at 201 8 Mile Rd with reported 56,000 vehicles daily for strong street-level exposure.
Where is this retail space located?
The property is located at 201 W 8 Mile Rd Detroit, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Retail storefront at 201 W 8 Mile Rd; Reported 56,000 vehicles daily for street‑level exposure; Building year built: 1986
More about this property
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