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Flexible Retail/Medical Space with Parking
For Lease
$35 SF/Yr NNN

30178 Woodward Avenue, Royal Oak, MI 48073

Retail or medical space with zoning flexibility, owner finish-to-suit option, and 25-car parking for convenient access.

Space Size4,700 SF
Days on Market96

Property Features for 30178 Woodward Avenue

General Information

Standard status Active
Size 4,700 SF
Net Rentable 4,700 SF
Total Parking Spaces 25
Property subtype Retail
Lease Type NNN
Lease Term NNN

Space & Availability

Available Space 4,700 SF
Contiguous Space 4,700 SF

Lease Terms

Lease Rate $35 /USD/SF/YR
Monthly Rent $13,708
Rent per SF/Year $35

Building Details

Building Size 4,700 SF
Year Built 1964
Year Renovated 2015

Spaces For Lease

at 30178 Woodward Avenue Contact us

30178 $35/SF/Yr

Size
4,700 SF
Type
Free Standing Building
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Name

Type
Space Type
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Listing Agency: Friedman Integrated Real Estate
Listed By: Robert Hibbert
Source: Friedmanrealestate
Added: Jun 2 Changed: Aug 23 Last Checked: Sep 4 at 5:13AM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

This retail or medical space offers approximately 4,700± SF and includes 25 car parking. The zoning and parking configuration are intended to support a variety of uses, including medical. The owner is willing to finish to suit for a qualified tenant, which can help accommodate an operator’s specific buildout needs.

The property benefits from outstanding location and visibility on Woodward Avenue near the Corwell Health’s Royal Oak campus. That mix of frontage and proximity to a major healthcare campus can be useful for retailers and medical-oriented tenants seeking strong day-to-day accessibility.

Built in 1964, the space is offered as a For Rent opportunity with NNN lease terms noted in the transaction details.

Key Highlights

  • Approximately 4,700± SF of retail or medical space
  • 25‑car parking lot
  • Outstanding visibility on Woodward Avenue near Corwell Health’s Royal Oak campus

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Daycare Center Nail Salon Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby
176k
Monthly Visits Nearby

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

$24.25 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
4,038 SF
Avg Space Size

This space is priced 44% above the average of $24.25 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or medical space with zoning flexibility, owner finish-to-suit option, and 25-car parking for convenient access.
Where is this retail space located?
The property is located at 30178 Woodward Avenue Royal Oak, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Approximately 4,700± SF of retail or medical space; 25‑car parking lot; Outstanding visibility on Woodward Avenue near Corwell Health’s Royal Oak campus
More about this property
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