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Berkley Commercial Space for Lease
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28913-28997 Woodward Ave, Berkley, MI 48072

Commercial space available for lease in Berkley, Michigan.

Space Size1,600 SF - 2,260 SF
Property Size3,860 SF
Days on Market2684

Property Features for 28913-28997 Woodward Ave

General Information

Standard status Active
Size 1,600 SF - 2,260 SF
Property subtype Retail, Office

Building Details

Building Size 3,860 SF
Tenancy Multiple

Spaces For Lease

at 28913-28997 Woodward Ave Contact us

Suite 28913

Size
2,260 SF
Type
Retail
Availability
Active
Contact us

Suite 28931

Size
1,600 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Colliers - Royal Oak/Detroit, Michigan
Listed By: Lou Frango · License #MI 6501235287
Source: Crexi
Added: Apr 17, 2019 Changed: Aug 8 Last Checked: Aug 20 at 12:59PM

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 Colliers - Royal Oak/Detroit, Michigan

Investment Insights

Based on property information with market context.

Commercial space is available for lease at a rate of $28 per square foot. The property is located at 28913-28997 Woodward Ave in Berkley, Michigan. It is suitable for office and retail purposes.

Key Highlights

  • For Lease

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48072, MI

15,194
Population
7,068
Households
2.1
Avg Household Size
38
Median Age
58%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
6,331
Density / Sq Mi
$113,103
Median Household Income
$68,818
Median Earnings
$1,436
Median Rent
$289,200
Median Home Value

Market

Lease Benchmarks for Berkley, MI

$29.57 /SF/Yr
Avg Asking Price
$18.34–$42.25 /SF/Yr
Price Range
7,690 SF
Avg Space Size

This space is priced 5% below the average of $29.57 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Office space - Commercial space available for lease in Berkley, Michigan.
Where is this office space located?
The property is located at 28913-28997 Woodward Ave Berkley, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: For Lease
(248) 540-1000 Call to check price and availability
More about this property
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