Retail Space on 7
For Lease
$1,700/Mo NNN
28921 7 Mile Rd, Livonia, MI 48152
Retail space in high-density area with excellent demographics.
Space SizeContact for details
Days on Market218
Property Features for 28921 7 Mile Rd
General Information
Standard status
Active
Listing Agency:
EXP Realty Main
(888) 501-7085
Listed By:
Sam Boomrod
(313) 695-9253
Source:
Exprealty
Added: Feb 9
Changed: Sep 15
Last Checked: Sep 15 at 5:23PM
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 EXP Realty Main
Investment Insights
Based on property information with market context.
This retail space is situated in a neighborhood-focused shopping center located in a high-density area with favorable demographics. The property has been fully renovated with attention to detail and is suitable for various retail tenants. The location on 7 Mile Road, between Inkster Road and Middlebelt Road, benefits from a daily traffic count exceeding 29,000 vehicles. The surrounding area has a population of over 205,000 within a 5-mile radius. The property is well-maintained. The location has a walk score of 63, indicating it is somewhat walkable, and a bike score of 45, indicating it is somewhat bikeable. The lease is NNN and negotiable.
Key Highlights
- High‑Density Area: Over 205,000 people within a 5‑mile radius
- High Traffic Volume: More than 29,000 daily passing motorists
- Prime Retail Location: Situated on 7 Mile between Inkster Road and Middlebelt Road
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
478
Businesses Nearby
104k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 40%
Apparel 4%
Beauty & Spa 3%
Burger King
Dining
12,801 visits/mo
0.3 miles
Pet Supplies Plus
Shops & Services
9,601 visits/mo
0.4 miles
Arby's
Dining
8,925 visits/mo
0.3 miles
Dunkin' Donuts
Dining
8,914 visits/mo
0.3 miles
Bank of America
Shops & Services
8,336 visits/mo
0.4 miles
Demographics for 48152, MI
31,098
Population
12,922
Households
2.4
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,592
Density / Sq Mi
$89,019
Median Household Income
$50,614
Median Earnings
$1,293
Median Rent
$284,300
Median Home Value
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Market
Lease Benchmarks for Livonia, MI
$23.07 /SF/Yr
Avg Asking Price
$10–$136 /SF/Yr
Price Range
15,470 SF
Avg Space Size
This space is priced 12% below the average of $23.07 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in high-density area with excellent demographics.
Where is this retail space located?
The property is located at 28921 7 Mile Rd Livonia, MI.
What is the lease rate?
The lease rate is $1,700/Mo.
What are key features of this property?
This property features: High‑Density Area: Over 205,000 people within a 5‑mile radius; High Traffic Volume: More than 29,000 daily passing motorists; Prime Retail Location: Situated on 7 Mile between Inkster Road and Middlebelt Road
