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Freestanding Retail Building Hard Corner
For Lease
$1,575/Mo

3001 Rochester Rd, Royal Oak, MI 48073

Freestanding retail building in a densely populated area.

Space SizeContact for details
Days on Market498

Property Features for 3001 Rochester Rd

General Information

Standard status Active

Building Details

Year Built 1927
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Metrodetroithomeguide
Added: Jun 9, 2025 Changed: Oct 1 Last Checked: Oct 19 at 7:02AM

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

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Investment Insights

Based on property information with market context.

This is a freestanding retail building situated on a hard corner. The property was formerly occupied by MJC Archery. It is located in a densely populated area and is zoned Mixed-Use II.

Key Highlights

  • Freestanding retail building, perfect for your business needs.
  • Hard corner location offering excellent visibility.
  • Located in a densely populated area, providing a large customer base.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Nail Salon

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

NNN (Triple Net)
Lease Type
$0.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 58% Dining 42%
McDonald's Dining
19,760 visits/mo 0.2 miles
Dollar Tree Shops & Services
18,341 visits/mo 0.3 miles
7-Eleven Shops & Services
8,490 visits/mo 0.3 miles

Demographics for 48073, MI

33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Royal Oak, MI

$23.39 /SF/Yr
Avg Asking Price
$5–$35 /SF/Yr
Price Range
4,229 SF
Avg Space Size

This space is priced 79% below the average of $23.39 /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

Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail building in a densely populated area.
Where is this retail space located?
The property is located at 3001 Rochester Rd Royal Oak, MI.
What is the lease rate?
The lease rate is $1,575/Mo.
What are key features of this property?
This property features: Freestanding retail building, perfect for your business needs.; Hard corner location offering excellent visibility.; Located in a densely populated area, providing a large customer base.
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