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First-Floor Retail at Hard Corner
For Lease
$2,870/Mo NNN

2941 Wattles, Troy, MI 48085

First-floor retail space with direct entrances, signage rights, and ample parking in a new mixed-use development.

Space SizeContact for details
Days on Market84

Property Features for 2941 Wattles

General Information

Standard status Active
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 20
Stories 2
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Sellinghomesinmichigan
Added: Jun 17 Changed: Sep 8 Last Checked: Sep 8 at 6:49AM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

New mixed-use, two-story development offering first-floor retail suites ranging from 984 SF to 6,179 SF. Retail tenants will benefit from direct entrance access, with signage rights available, and ample on-site parking. The second floor will be devoted to apartments, with delivery scheduled for Q3 2027.

The property is positioned on a hard corner of Wattles Rd and Dequindre Rd, providing visibility and convenient regional access via I-75.

For leasing, pricing is quoted at $30 to $35/SF/YR on an NNN basis.

Key Highlights

  • New mixed‑use, two‑story development with 2027 year built and Q3‑2027 delivery
  • First‑floor retail space available: 6,179 SF (984 SF noted in public remarks)
  • Direct entrance retail with signage rights available

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Restaurant Law Firm Dental Office Hair Salon Building Supply Auto Repair Shop

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 48085, MI

26,507
Population
9,330
Households
2.8
Avg Household Size
42
Median Age
59%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
2,850
Density / Sq Mi
$144,146
Median Household Income
$65,370
Median Earnings
$2,213
Median Rent
$395,300
Median Home Value

Market

Lease Benchmarks for Troy, MI

$19.5 /SF/Yr
Avg Asking Price
$6–$30 /SF/Yr
Price Range
17,422 SF
Avg Space Size

This space is priced 86% below the average of $19.5 /SF/Yr.

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 - First-floor retail space with direct entrances, signage rights, and ample parking in a new mixed-use development.
Where is this retail space located?
The property is located at 2941 Wattles Troy, MI.
What is the lease rate?
The lease rate is $2,870/Mo.
What are key features of this property?
This property features: New mixed‑use, two‑story development with 2027 year built and Q3‑2027 delivery; First‑floor retail space available: 6,179 SF (984 SF noted in public remarks); Direct entrance retail with signage rights available
More about this property
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