Retail Storefront with Monument
For Lease
Contact for pricing
27862-27844 Woodward Ave, Royal Oak, MI 48067
New clear span white box retail space with newly relocated glass entry and individual restrooms in a high-traffic retail setting.
Property Size8,377 SF
Days on Market26
Property Features for 27862-27844 Woodward Ave
General Information
Standard status
Active
Size
8,377 SF
Total Parking Spaces
239
Property subtype
RETAIL
Additional Details
Traffic Count
65,000 vehicles/day
Listing Agency:
Lee & Associates of Michigan
(248) 567-8002
Listed By:
Scott E. Lyons
(248) 567-8002
Source:
Moodyscre
Added: Jul 6
Changed: Jul 28
Last Checked: Jul 30 at 2:30PM
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 Lee & Associates of Michigan
Investment Insights
Based on property information with market context.
A newly created clear span “white box” retail space is available for immediate occupancy. The space includes a newly relocated glass entry, new individual restrooms, and new rooftop HVAC and mechanicals, providing a clean, flexible layout for tenant improvements.
The property features prominent Woodward signage on both the building and a monument, with Woodward Avenue traffic counts of over 65,000 VPD. It is located next to a strong retail lineup including a Top Producing Trader Joe’s, Ulta, Sherwin Williams, O’Reilly’s, PPG, and PetSmart. Access is supported by 239 shared parking spaces.
The current configuration offers an open, clear span footprint well suited for retail users who value a straightforward interior buildout, along with visibility from Woodward Avenue.
The property features prominent Woodward signage on both the building and a monument, with Woodward Avenue traffic counts of over 65,000 VPD. It is located next to a strong retail lineup including a Top Producing Trader Joe’s, Ulta, Sherwin Williams, O’Reilly’s, PPG, and PetSmart. Access is supported by 239 shared parking spaces.
The current configuration offers an open, clear span footprint well suited for retail users who value a straightforward interior buildout, along with visibility from Woodward Avenue.
Key Highlights
- 5,913 SF newly created clear span white box retail space
- Immediate occupancy available
- Prominent Woodward signage on building and monument
Property Analytics
Current Use
Lease Details
65,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 44%
Shops & Services 42%
Dining 7%
Home Improvements & Furnishings 3%
Trader Joe's
Groceries
54,811 visits/mo
0.0 miles
O'Reilly Auto Parts
Shops & Services
16,074 visits/mo
0.0 miles
BP
Shops & Services
11,288 visits/mo
0.4 miles
PetSmart
Shops & Services
9,019 visits/mo
0.1 miles
Bank of America
Shops & Services
5,940 visits/mo
0.5 miles
Demographics for 48067, MI
24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
Market
Lease Benchmarks for Royal Oak, MI
$24.9 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,704 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - New clear span white box retail space with newly relocated glass entry and individual restrooms in a high-traffic retail setting.
Where is this retail space located?
The property is located at 27862-27844 Woodward Ave Royal Oak, MI.
What are key features of this property?
This property features: 5,913 SF newly created clear span white box retail space; Immediate occupancy available; Prominent Woodward signage on building and monument
