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

2941 Wattles Road #Unit A, Troy, MI 48085

New mixed-use retail with direct entrances, signage rights, parking, and access to I-75.

Space Size984 SF - 6,179 SF
Property Size12,358 SF
Days on Market112

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

Amenities

direct entrance
signage rights

Building Details

Building Size 12,358 SF
Year Built 2027
Stories 2
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Phgrealty
Added: May 1 Changed: Aug 16 Last Checked: Aug 20 at 1:25PM

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 being delivered within a new, two-story mixed-use development. Available suites range from 984 SF to 6,179 SF, with direct entrances for each retail space and signage rights available. The second floor is planned for apartments, creating a defined mixed-use configuration. The property is zoned Commercial and is scheduled for Q3-2027 delivery.

The development occupies the hard corner of Wattles Road and Dequindre Road in Troy, with access to I-75. Ample parking is planned for the property, supporting customer and employee access. The available space is offered on an NNN lease structure.

Key Highlights

  • 984 SF - 6,179 SF of first‑floor retail space
  • Q3‑2027 delivery within a new two‑story mixed‑use development
  • Direct retail entrances 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

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

$22.53 /SF/Yr
Avg Asking Price
$6–$35 /SF/Yr
Price Range
6,709 SF
Avg Space Size

This space is priced 44% above the average of $22.53 /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 mixed-use retail with direct entrances, signage rights, parking, and access to I-75.
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 - 6,179 SF of first‑floor retail space; Q3‑2027 delivery within a new two‑story mixed‑use development; Direct retail entrances with signage rights available
More about this property
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