Renovated Retail Space Near
For Lease
$3,406/Mo
30118 WOODWARD Ave, Royal Oak, MI 48073
Completely renovated retail space with high exposure near Beaumont Hospital.
Days on Market99
Property Features for 30118 WOODWARD Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1955
Listing Agency:
Forward Commercial Group
(248) 662-5066
Listed By:
Emil Cherkasov · License #6502392741
(248) 662-5066
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 12:22PM
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.
This retail space is situated near Beaumont Hospital, offering high exposure at the corner of Woodward Avenue and Burnham Road, just south of 13 Mile Road. The property has been completely renovated both inside and out in 2024. Its location provides convenient access to I-696 and Downtown Birmingham. The area is considered very walkable, with a walk score of 87, and bikeable, with a bike score of 55. The property is suitable for a variety of retail uses.
Key Highlights
- Completely renovated exterior and interior in 2024
- Very Walkable location with a Walk Score of 87
- Located near Beaumont Hospital
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,408
Businesses Nearby
176k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 82%
Shops & Services 10%
Apparel 3%
Beauty & Spa 2%
McDonald's
Dining
43,447 visits/mo
0.3 miles
Starbucks
Dining
22,836 visits/mo
0.3 miles
Panera Bread
Dining
14,809 visits/mo
0.5 miles
Panda Express
Dining
10,781 visits/mo
0.3 miles
Crumbl Cookies
Dining
9,694 visits/mo
0.4 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
Market
Lease Benchmarks for Royal Oak, MI
$24.9 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,704 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Completely renovated retail space with high exposure near Beaumont Hospital.
Where is this retail space located?
The property is located at 30118 WOODWARD Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $3,406 /Mo.
What are key features of this property?
This property features: Completely renovated exterior and interior in 2024; Very Walkable location with a Walk Score of 87; Located near Beaumont Hospital
