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Retail Space with Net Lease
For Lease
$1,500/Mo

2305 Junction St, Detroit, MI 48209

Retail/commercial space positioned for retail, service, restaurant, office, or creative business applications.

Space Size1,000 SF
Days on Market74

Property Features for 2305 Junction St

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Listing Agency: EXP Realty Main
Listed By: Sotero M Lopez II · License #6501379765
Source: Exprealty
Added: Jun 18 Changed: Aug 30 Last Checked: Aug 30 at 11:17AM

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 EXP Realty Main

Investment Insights

Based on property information with market context.

Located at 2305 Junction Street in Detroit, this approximately 1,000-square-foot retail/commercial space is offered as a flexible storefront opportunity. The property is presented as a blank canvas for a range of business concepts, including retail, service, restaurant, office, and creative uses.

The site is situated in Southwest Detroit within a business corridor and near Mexicantown. The surrounding area is described as experiencing new housing, infrastructure improvements, redevelopment activity, and continued small-business growth. The space is available on a net lease basis.

Key Highlights

  • Approximately 1,000 square feet of retail/commercial space
  • Located at 2305 Junction Street in Detroit, MI
  • Situated in Southwest Detroit near Mexicantown

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Skin Care Clinic Hair Salon Law Firm Nail Salon

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

516
Businesses Nearby
91k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 35% Electronics 12% Home Improvements & Furnishings 4%
McDonald's Dining
16,946 visits/mo 0.4 miles
Dollar Tree Shops & Services
16,610 visits/mo 0.4 miles
Burger King Dining
14,137 visits/mo 0.5 miles
T-Mobile Electronics
6,748 visits/mo 0.5 miles
Checkers Dining
6,657 visits/mo 0.4 miles

Demographics for 48209, MI

27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.41 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size

This space is priced 17% above the average of $15.41 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/commercial space positioned for retail, service, restaurant, office, or creative business applications.
Where is this retail space located?
The property is located at 2305 Junction St Detroit, MI.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: Approximately 1,000 square feet of retail/commercial space; Located at 2305 Junction Street in Detroit, MI; Situated in Southwest Detroit near Mexicantown
More about this property
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