Retail Space Anchored by
For Lease
$16 SF/Yr
31260 Michigan Avenue, Westland, MI 48186
Retail spaces available for lease in Westland, Michigan.
Space SizeContact for details
Property Size36,860 SF
Days on Market123
Property Features for 31260 Michigan Avenue
General Information
Standard status
Active
Size
36,860 SF
Building Details
Building Size
36,860 SF
Year Built
1999
Buildings
1
Listing Agency:
GRI Homes for Today
(248) 515-7606
Listed By:
Tjader Gerdom · License #6502357230
(248) 515-7606
Source:
Thebrokeragehouse
Added: Apr 24
Changed: Aug 23
Last Checked: Aug 23 at 5:57AM
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 GRI Homes for Today
Investment Insights
Based on property information with market context.
Retail spaces ranging from 1,400 to 10,500 square feet are available for lease at One Michigan Place, anchored by Kroger. The property is situated on Michigan Avenue, a main thoroughfare in Wayne County. Monument signage on both Michigan Avenue and Merriman Road provides visibility. Curb cuts on both roads and a lighted entry off Michigan Avenue facilitate access. Redevelopment plans for the property east of the shopping center include preservation of historic buildings, plus a new hotel and restaurant, which will bring jobs and traffic to the area. The lease term is negotiable. The bike score is 38, indicating it is somewhat bikeable, and the walk score is 22, indicating car-dependent accessibility.
Key Highlights
- Anchored by Kroger, a major grocery retailer, ensuring consistent customer traffic.
- Located on Michigan Avenue, a main thoroughfare in Wayne County, providing high visibility.
- Monument signage available on both Michigan Avenue and Merriman Road, maximizing exposure.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 66%
Shops & Services 34%
Kroger
Groceries
36,114 visits/mo
0.1 miles
7-Eleven
Shops & Services
9,949 visits/mo
0.2 miles
Shell
Shops & Services
7,129 visits/mo
0.1 miles
Family Dollar
Shops & Services
1,750 visits/mo
0.1 miles
Demographics for 48186, MI
35,690
Population
14,543
Households
2.5
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
4,300
Density / Sq Mi
$67,203
Median Household Income
$37,591
Median Earnings
$1,083
Median Rent
$167,600
Median Home Value
Market
Lease Benchmarks for Westland, MI
$14.05 /SF/Yr
Avg Asking Price
$8–$17 /SF/Yr
Price Range
21,105 SF
Avg Space Size
This space is priced 14% above the average of $14.05 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — 31300 Michigan Ave Kroger, 31300 Michigan Ave, Westland, MI 48186
Frequently Asked Questions
What type of property is this?
Shopping center - Retail spaces available for lease in Westland, Michigan.
Where is this shopping center located?
The property is located at 31260 Michigan Avenue Westland, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Anchored by Kroger, a major grocery retailer, ensuring consistent customer traffic.; Located on Michigan Avenue, a main thoroughfare in Wayne County, providing high visibility.; Monument signage available on both Michigan Avenue and Merriman Road, maximizing exposure.
