Retail/Restaurant Space For
For Lease
Contact for pricing
23131 Woodward Ave, Ferndale, MI 48220
Retail or restaurant space available for lease.
Space Size1,354 SF
Days on Market334
Property Features for 23131 Woodward Ave
General Information
Standard status
Active
Size
1,354 SF
Property subtype
Retail, Restaurant
Lease Type
NNN
Building Details
Building Size
1,354 SF
Tenancy
Multiple
Spaces For Lease
at 23131 Woodward Ave Contact us- Size
- 1,354 SF
- Type
- Restaurant, Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Landmark Commercial Real Estate Services
(248) 488-2620
Listed By:
Anthony J. Vitale · License #6505422306
Source:
Crexi
Added: Sep 12, 2025
Changed: Aug 8
Last Checked: Aug 10 at 9:41AM
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 Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This property is available for lease and suitable for retail or restaurant use.
Key Highlights
- For Lease
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,382
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 24%
Electronics 5%
Beauty & Spa 4%
McDonald's
Dining
22,302 visits/mo
0.5 miles
Wendy's
Dining
20,467 visits/mo
0.4 miles
Pizza Hut
Dining
13,458 visits/mo
0.1 miles
Mobil
Shops & Services
9,934 visits/mo
0.5 miles
Jimmy John's
Dining
9,851 visits/mo
0.1 miles
Demographics for 48220, MI
21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value
Market
Lease Benchmarks for Ferndale, MI
$22.99 /SF/Yr
Avg Asking Price
$18–$30 /SF/Yr
Price Range
3,449 SF
Avg Space Size
This space is priced 22% above the average of $22.99 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail property - Retail or restaurant space available for lease.
Where is this retail property located?
The property is located at 23131 Woodward Ave Ferndale, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: For Lease
