Listing Agency: CBRE - Detroit s***@cbre.com Show Phone

Listed By: Scott Young · License #6501367356 Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Jul 31 at 4:39AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering is a retail property located at 26950 Grand River Avenue in Redford, Michigan. The property is classified as a retail space.

Key Highlights

• Retail property
• Available for sale
• Located in Redford, Michigan

Property Analytics

Property Profile

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Accounting Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

436

Businesses Nearby

26k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 52% Dining 48%

Wendy's Dining

12,475 visits/mo 0.5 miles

Family Dollar Shops & Services

6,719 visits/mo 0.5 miles

BP Shops & Services

3,479 visits/mo 0.3 miles

Marathon Shops & Services

3,374 visits/mo 0.3 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

Properties on Market for Retail properties & Spaces in Redford

Feb

Mar

Apr

May

Jun

Jul

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 properties & spaces located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail property - Retail property available for sale in Redford, Michigan.

Where is this retail property located?

The property is located at 26950 Grand River Avenue Redford, MI.

What are key features of this property?

This property features: Retail property; Available for sale; Located in Redford, Michigan