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New Mixed-Use Retail Property
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2941 WATTLES RD, Troy, MI 48085

Two-story development with ground-floor retail suites, upper-level apartments, signage rights, and on-site parking.

Property Size12,358 SF
Price / SF$0.23
Days on Market135

Property Features for 2941 WATTLES RD

General Information

Standard status Active
Size 12,358 SF
Property subtype Industrial

Site & Location

Corner Location Yes
Highway Access Yes

Additional Details

Floor 1

Amenities

3
258140

Building Details

Stories 2
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Xome
Added: Apr 29 Changed: Sep 9 Last Checked: Sep 9 at 3:03PM

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.

Planned as a two-story mixed-use development, the property will include first-floor retail suites ranging from 984 SF to 6,179 SF, with apartments occupying the second floor. Retail spaces are designed for direct access from the exterior, and signage rights are available. The project is scheduled for delivery in Q3 2027.

The site occupies the corner of Wattles Road and Dequindre Road in Troy, Michigan, with ample parking provided for the development. Access to I-75 supports regional connectivity for customers, employees, and residents.

Key Highlights

  • First‑floor retail suites from 984 SF to 6,179 SF
  • 12,358 SF mixed‑use property
  • Two‑story development with apartments on the second floor

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story development with ground-floor retail suites, upper-level apartments, signage rights, and on-site parking.
Where is this mixed-use property located?
The property is located at 2941 WATTLES RD Troy, MI.
What are key features of this property?
This property features: First‑floor retail suites from 984 SF to 6,179 SF; 12,358 SF mixed‑use property; Two‑story development with apartments on the second floor
More about this property
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