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Outlot Retail Center Space
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23 Mile & M-53, Shelby Township, MI 48315

Retail space available in front of Super Wal-Mart.

Space Size1,500 SF
Property Size11,997 SF
Days on Market2239

Property Features for 23 Mile & M-53

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 11,997 SF
Tenancy Multiple

Spaces For Lease

at 23 Mile & M-53 Contact us

Available Space 1

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Marlin Properties
Listed By: JJ Schmidt · License #MI 6502128259
Source: Crexi
Added: Jul 6, 2020 Changed: Aug 11 Last Checked: Aug 21 at 10:00PM

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 Marlin Properties

Investment Insights

Based on property information with market context.

This retail space is located in an outlot retail center at a signalized intersection. The center includes tenants such as Starbucks, Sprint, Sally Beauty, Game Stop, Great Clips, and Jersey Mike's. It is positioned in front of a Super Wal-Mart.

Key Highlights

  • Signalized intersection location
  • Outlot retail center
  • Anchored by Super Wal‑Mart

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,046
Businesses Nearby
125k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 39% Electronics 4% Groceries 3%
Dollar Tree Shops & Services
16,616 visits/mo 0.2 miles
Burger King Dining
14,137 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
14,046 visits/mo 0.3 miles
Taco Bell Dining
13,590 visits/mo 0.4 miles
Arby's Dining
11,234 visits/mo 0.4 miles

Demographics for 48315, MI

28,597
Population
11,252
Households
2.5
Avg Household Size
48
Median Age
33%
College-Educated
92%
High-School Grad
12.9 sq mi
ZIP Area
2,217
Density / Sq Mi
$99,512
Median Household Income
$54,587
Median Earnings
$1,181
Median Rent
$357,700
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in front of Super Wal-Mart.
Where is this retail space located?
The property is located at 23 Mile & M-53 Shelby Township, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Signalized intersection location; Outlot retail center; Anchored by Super Wal‑Mart
More about this property
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