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Retail Space in Shopping Center
New
For Lease
$1,500/Mo

28420 5 Mile Rd, Livonia, MI 48154

Shopping center setting with on-site parking, nearby I-96 access, and an established laundromat anchor.

Space Size1,000 SF - 1,200 SF
Days on Market7

Property Features for 28420 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
Contiguous Space 1,200 SF
Space Use Retail

Site & Location

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

Building Details

Building Size 1,200 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 6:22AM

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 1,200 SF within a shopping center anchored by Skylar Laundromat. The property includes on-site parking and a second 1,000 SF unit is also available, providing flexibility for businesses considering different space requirements. The space is suited to retail, service, or professional uses based on the stated property positioning.

Located at 28420 5 Mile Rd in Livonia, the center is just off Middlebelt Road and near I-96, supporting access across Metro Detroit. The building was constructed in 1973, and the surrounding commercial setting includes an established anchor tenant and convenient vehicular access.

Key Highlights

  • 1,200 SF retail space in a shopping center
  • Additional 1,000 SF unit also available
  • Shopping center anchored by Skylar Laundromat

Property Analytics

Current Use

Exclusive ink source Tattoo & Piercing Shop

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, nearby I-96 access, and an established laundromat anchor.
Where is this retail space located?
The property is located at 28420 5 Mile Rd Livonia, MI.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,200 SF retail space in a shopping center; Additional 1,000 SF unit also available; Shopping center anchored by Skylar Laundromat
More about this property
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