Retail/Office Space For
For Lease
Contact for pricing
25420 GRAND RIVER AVE, Redford, MI 48240
Versatile retail/office space with great visibility.
Space Size1,500 SF
Days on Market654
Property Features for 25420 GRAND RIVER AVE
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Land
Building Details
Year Built
1947
Tenancy
Single
Spaces For Lease
at 25420 GRAND RIVER AVE Contact us- Size
- 1,500 SF
- Type
- Land
- Availability
- Active
Available Space
Listing Agency:
KW Commercial Dearborn
(313) 706-7011
Listed By:
Nick Jaafar · License #6501403947
Source:
Crexi
Added: Nov 8, 2024
Changed: Aug 16
Last Checked: Aug 23 at 12:38PM
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 KW Commercial Dearborn
Investment Insights
Based on property information with market context.
This property, formerly a boutique, offers an open space featuring epoxied floors and natural light. The space is suitable for a range of business opportunities. All measurements are approximate.
Key Highlights
- Prime location
- Open space layout
- Sleek epoxied floors
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.39 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
65k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Groceries 31%
Home Improvements & Furnishings 17%
Dining 15%
Aldi
Groceries
20,008 visits/mo
0.4 miles
Checkers
Dining
8,892 visits/mo
0.4 miles
Family Dollar
Shops & Services
7,692 visits/mo
0.4 miles
Great Lakes Ace
Home Improvements & Furnishings
7,657 visits/mo
0.1 miles
Dollar General
Shops & Services
5,245 visits/mo
0.2 miles
Demographics for 48240, MI
17,962
Population
7,328
Households
2.5
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
4,855
Density / Sq Mi
$57,970
Median Household Income
$37,694
Median Earnings
$1,326
Median Rent
$120,700
Median Home Value
Market
Lease Benchmarks for Redford, MI
$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 SF
Avg Space Size
This space is priced 4% above the average of $15.29 /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 space - Versatile retail/office space with great visibility.
Where is this retail space located?
The property is located at 25420 GRAND RIVER AVE Redford, MI.
What is the lease rate?
The lease rate is $15.96 SF/Yr.
What are key features of this property?
This property features: Prime location; Open space layout; Sleek epoxied floors
