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 Market264
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: Oct 31
Last Checked: Oct 30 at 5:57PM
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
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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
$15.86 /SF/Yr
Avg Asking Price
$10–$29 /SF/Yr
Price Range
15,394 SF
Avg Space Size
This space is priced 29% above the average of $15.86 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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
