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Retail Space with Monument Signage
For Lease
$45 SF/Yr NNN

30955 Woodward Ave, Royal Oak, MI 48073

PUD-zoned retail suites offer prominent Woodward Avenue exposure and NNN lease structure.

Space Size1,600 SF - 4,000 SF
Days on Market170

Property Features for 30955 Woodward Ave

General Information

Standard status Active
Size 1,600 SF - 4,000 SF
Net Rentable 1,600 SF
Property subtype Retail
Zoning PUD
Lease Type NNN

Lease Terms

Monthly Rent $6,000-$15,000
Rent per SF/Year $45

Site & Location

Anchor Co-Tenants Meijer, Panera, Corewell
Traffic Count 65,000 vehicles/day

Additional Details

Available Space 1,600-4,000 SF

Amenities

Facade & Monument Signage

Building Details

Tenancy Multi
Listing Agency: Team CORE
Listed By: Kevin Tamer · License ##6506048316
Source: Cpix.resimplifi
Added: Mar 16 Changed: Aug 30 Last Checked: Aug 30 at 9:53PM

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 Team CORE

Investment Insights

Based on property information with market context.

Retail space at 30955 Woodward Ave offers multiple suite configurations within a commercial property zoned PUD. Available spaces include Suite 205 at 4,045 SF, Suite 430 at 2,540 SF, Suite 435 at 3,097 SF, Suite 505 at 2,064 SF, Suite 515 at 2,209 SF, and Suite 710 at 1,671 SF. The property includes facade signage and monument signage, with NNN lease structure offered.

The site is positioned at the intersection of 13 Mile and Woodward Avenue in Royal Oak, with a reported Woodward Avenue traffic count of 65,000. A Hyatt House hotel is under construction, and Meijer, Panera, and Corewell are identified among the surrounding commercial businesses.

Key Highlights

  • Suite sizes range from 1,671 SF to 4,045 SF
  • Facade signage and monument signage included
  • Reported Woodward Avenue traffic count: 65,000

Property Analytics

Current Use

Woodward Corner Market Grocery & Convenience Store Dr. Ahmad Yosif Dental Office Gerald Halk Dental Office Huntington Bank ATM ... Atm Beaumont Urgent Care Medical Clinic

Suggested Use

Top Pick HVAC Service Building Supply Auto Parts Store Nail Salon (Bike/Boat/Book/etc) Store Daycare Center

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

65,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,624
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 76% Shops & Services 20% Beauty & Spa 2% Hotels & Casinos 1%
McDonald's Dining
43,447 visits/mo 0.2 miles
Starbucks Dining
22,836 visits/mo 0.2 miles
Panera Bread Dining
14,809 visits/mo 0.0 miles
Panda Express Dining
10,781 visits/mo 0.2 miles
Crumbl Cookies Dining
9,694 visits/mo 0.1 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 86% 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - PUD-zoned retail suites offer prominent Woodward Avenue exposure and NNN lease structure.
Where is this retail space located?
The property is located at 30955 Woodward Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Suite sizes range from 1,671 SF to 4,045 SF; Facade signage and monument signage included; Reported Woodward Avenue traffic count: 65,000
More about this property
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