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Shopping Center Retail Space
For Lease
$1,250/Mo

28416 5 Mile Rd, Livonia, MI 48154

Shopping-center setting with on-site parking and convenient access near I-96.

Space Size1,000 SF - 1,200 SF
Days on Market8

Property Features for 28416 5 Mile Rd

General Information

Standard status Active
Size 1,000 SF - 1,200 SF
Net Rentable 1,000 SF
Property subtype Commercial

Space & Availability

Available Space 1,000-1,200 SF
Space Use Retail

Site & Location

Anchor Co-Tenants Skylar Laundromat
Highway Access Yes
Road Access Yes

Building Details

Building Size 1,000 SF
Year Built 1973
Tenancy Multi
Listing Agency: RE/MAX Team 2000
Listed By: Michael Beydoun · License #6501354088
Source: Elliman
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 18 at 9:25AM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

This retail space offers 1,000 SF within a shopping center anchored by Skylar Laundromat. The property was built in 1973 and includes ample on-site parking. An additional 1,200 SF unit is also available, providing another size option within the center.

Access is available just off Middlebelt Road, with proximity to I-96 connecting the property to Metro Detroit. The space is identified for retail, service, or professional uses. The surrounding area has a Walk Score of 52, rated Somewhat Walkable, and a Bike Score of 35, rated Somewhat Bikeable.

Key Highlights

  • 1,000 SF retail space available
  • Shopping center anchored by Skylar Laundromat
  • Additional 1,200 SF unit is available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Spa & Massage Center Skin Care Clinic 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

545
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Home Improvements & Furnishings 36% Dining 9%
Community Choice Credit Union Shops & Services
4,312 visits/mo 0.2 miles
True Value Hardware Home Improvements & Furnishings
2,859 visits/mo 0.0 miles
Hungry Howie's Pizza Dining
734 visits/mo 0.1 miles

Demographics for 48154, MI

37,864
Population
15,330
Households
2.5
Avg Household Size
47
Median Age
44%
College-Educated
95%
High-School Grad
11.6 sq mi
ZIP Area
3,264
Density / Sq Mi
$103,763
Median Household Income
$59,017
Median Earnings
$1,197
Median Rent
$285,800
Median Home Value

Market

Lease Benchmarks for Livonia, MI

$16.17 /SF/Yr
Avg Asking Price
$10.91–$29 /SF/Yr
Price Range
8,399 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Shopping-center setting with on-site parking and convenient access near I-96.
Where is this retail space located?
The property is located at 28416 5 Mile Rd Livonia, MI.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 1,000 SF retail space available; Shopping center anchored by Skylar Laundromat; Additional 1,200 SF unit is available
More about this property
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