Listing Agency: CMP Real Estate Group

Listed By: Anthony Sesi · License #6501379218 Show Phone

Source: Cpix.resimplifi

Added: Mar 24 Changed: Aug 29 Last Checked: Aug 29 at 3:28PM

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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 CMP Real Estate Group

Investment Insights

Based on property information with market context.

This retail space occupies the former Rite Aid site at 26020 Coolidge Hwy, with a location along Coolidge Highway in Huntington Woods. The property is positioned for the proposed Biggby Coffee concept and offers access to surrounding residential communities.

An estimated 25,000 vehicles travel Coolidge Highway each day. Corwell Health Hospital in Royal Oak is located just north of the site and includes 1,090 beds and more than 5,000 employees. The property serves Huntington Woods, Oak Park, Southfield, and Berkley within a densely populated residential trade area.

Key Highlights

• Former Rite Aid site along Coolidge Highway
• Estimated 25,000 vehicles per day on Coolidge Highway
• Corwell Health Hospital located just north in Royal Oak

Property Analytics

Property Profile

Current Use

CDReload - Online Bitcoin ... Crypto Atm Rite Aid Pharmacy Pharmacy Rite Aid Pharmacy Western Union Bank Amazon Locker - Virginie Postal Service

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Barber Shop HVAC Service Electrical Service

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

508

Businesses Nearby

21k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

7-Eleven Shops & Services

12,915 visits/mo 0.4 miles

Chase Bank Shops & Services

7,966 visits/mo 0.1 miles

Demographics for 48070, MI

6,388

Population

2,402

Households

2.7

Avg Household Size

43

Median Age

82%

College-Educated

99%

High-School Grad

1.5 sq mi

ZIP Area

4,259

Density / Sq Mi

$188,229

Median Household Income

$87,727

Median Earnings

$2,266

Median Rent

$470,600

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space along Coolidge Highway serving a densely populated residential trade area.

Where is this retail space located?

The property is located at 26020 Coolidge Hwy Huntington Woods, MI.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Former Rite Aid site along Coolidge Highway; Estimated 25,000 vehicles per day on Coolidge Highway; Corwell Health Hospital located just north in Royal Oak