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First-Floor Retail Space
For Lease
$30-$35 SF/Yr

2941 Wattles Road #Unit A, Troy, MI 48085

New retail suites offer direct customer access, signage rights, and parking within a two-story mixed-use development.

Space Size984 SF - 6,179 SF
Property Size12,358 SF
Days on Market103

Property Features for 2941 Wattles Road #Unit A

General Information

Standard status Active
Size 984 SF - 6,179 SF
Net Rentable 984 SF
Zoning Commercial
Lease Type NNN

Space & Availability

Available Space 984-6,179 SF
Floor Ground
Space Use Retail
Available From 2027-Q3

Lease Terms

Lease Rate $35 /USD/SF/YR
Rent per SF/Year $30-$35

Site & Location

Corner Location Yes
Highway Access Yes

Building Details

Building Size 12,358 SF
Year Built 2027
Stories 2
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Homesforsaleinmich
Added: May 1 Changed: Aug 5 Last Checked: Aug 10 at 12:07PM

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.

First-floor retail space is available in a new two-story mixed-use development scheduled for delivery in Q3 2027. Suite sizes range from 984 SF to 6,179 SF, with direct entrances for retail users. Signage rights are available, and the project includes ample parking. Apartments are planned for the second floor, creating a mixed-use setting with retail at street level.

The property occupies the hard corner of Wattles Road and Dequindre Road in Troy, Michigan, with access to I-75. Commercial zoning supports the stated retail use. The development is identified with a 2027 construction year and is positioned for businesses seeking newly delivered storefront space with prominent corner access.

Key Highlights

  • 984 SF to 6,179 SF first‑floor retail suites
  • Q3‑2027 delivery in a new two‑story mixed‑use development
  • Direct entrance retail space 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
NNN (Triple Net)
Lease Type
$4.88 /SF/Yr
CAM

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

$21.84 /SF/Yr
Avg Asking Price
$6–$35 /SF/Yr
Price Range
6,584 SF
Avg Space Size

This space is priced 49% above the average of $21.84 /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 - New retail suites offer direct customer access, signage rights, and parking within a two-story mixed-use development.
Where is this retail space located?
The property is located at 2941 Wattles Road #Unit A Troy, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 984 SF to 6,179 SF first‑floor retail suites; Q3‑2027 delivery in a new two‑story mixed‑use development; Direct entrance retail space with signage rights available
More about this property
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