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Freestanding Storefront Property
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3115 W 13 Mile Rd, Royal Oak, MI 48073

Leased retail asset along W 13 Mile Road with a five-year lease.

Property Size2,406 SF
Days on Market23

Property Features for 3115 W 13 Mile Rd

General Information

Standard status Active
Size 2,406 SF
Property subtype Retail - Freestanding

Building Details

Building Size 2,406 SF
Year Built 1966
Units 1
Listing Agency: NAI Farbman
Listed By: Harrison Yaldoo · License #6501433927
Source: Commercialcafe
Added: Aug 10 Changed: Aug 31 Last Checked: Sep 1 at 4:08PM

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 NAI Farbman

Investment Insights

Based on property information with market context.

This freestanding storefront property was built in 1966 and is positioned along W 13 Mile Road in Royal Oak. The asset is located just east of Woodward and Coolidge, within the North Royal Oak area.

The property is subject to a five-year lease, providing an established occupancy arrangement for the buyer. Its standalone retail format supports continued storefront use along a prominent local corridor.

Key Highlights

  • Freestanding retail property
  • Five‑year lease in place
  • Located on W 13 Mile Road

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Daycare Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 92% Dining 8%
Exxon Shops & Services
10,678 visits/mo 0.1 miles
Sunoco Shops & Services
1,562 visits/mo 0.1 miles
Marco's Pizza Dining
1,103 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

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?
Storefront property - Leased retail asset along W 13 Mile Road with a five-year lease.
Where is this storefront property located?
The property is located at 3115 W 13 Mile Rd Royal Oak, MI.
What are key features of this property?
This property features: Freestanding retail property; Five‑year lease in place; Located on W 13 Mile Road
More about this property
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