Added: Jan 8Changed: Sep 3Last Checked: Aug 11 at 5:58AM
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Investment Insights
Based on property information with market context.
Available for lease is a highly visible retail/office suite within a well-maintained neighborhood shopping plaza located on Grand River Avenue near Orchard Lake Road in Farmington. The space offers approximately 1,050 square feet within a single-story plaza recently updated in 2024, featuring a modernized façade, expansive storefront windows, and a clean, open interior layout ideal for customization. The suite includes durable flooring, bright lighting, and flexible open areas suitable for retail display, professional offices, medical or wellness use, service businesses, or boutique concepts. The plaza provides ample on-site, lighted parking, strong street presence, and convenient customer access. The property benefits from strong location advantages, positioned along Grand River Avenue, a major east-west thoroughfare with steady traffic counts, and just minutes from M-5, I-696, and I-275, providing easy access throughout Metro Detroit. Nearby landmarks include downtown Farmington, Orchard Lake Road retail nodes, national retailers, established residential neighborhoods, and a strong daytime population supported by nearby offices and medical facilities. Zoned for commercial, office, retail, and service uses, the space supports a wide range of permitted business types including retail shops, professional offices, medical or therapy practices, beauty and wellness services, tutoring or education centers, specialty food concepts, and neighborhood service providers. The surrounding demographics reflect a stable, middle-to-upper-income population, strong owner-occupied housing, and consistent consumer demand for local goods and services. The location offers an excellent opportunity for both start-up and established businesses seeking visibility, accessibility, and long-term growth in a proven commercial marketplace. The bike score is 43, indicating it is somewhat bikeable, and the walk score is 66, indicating it is somewhat walkable.
Key Highlights
Prime Location on Grand River Avenue: Benefit from high visibility and steady traffic.
Recently Updated Plaza (2024): Features a modernized façade and expansive storefront windows.
Flexible Space: Suitable for retail, office, medical, service businesses, or boutique concepts.
Property Analytics
Property Profile
Current Use
VIP BARBER SHOPBarber Shop
Suggested Use
Top PickBakeryStorage Facility(Bike/Boat/Book/etc) StoreGarden CenterPet Grooming ServiceCarpet & Flooring 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.
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
795
Businesses Nearby
Explore this area
Business Placement
Demographics for 48336, MI
26,802
Population
12,296
Households
2.2
Avg Household Size
42
Median Age
44%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,882
Density / Sq Mi
$85,325
Median Household Income
$54,077
Median Earnings
$1,141
Median Rent
$247,600
Median Home Value
Market
Lease Benchmarks for Farmington, MI
$23 /SF/Yr
Avg Asking Price
$18–$30 /SF/Yr
Price Range
5,005 SF
Avg Space Size
This space is priced 30% below
the average of $23 /SF/Yr.
Vacancy Rate%for Office in Midwest region
13.7%2019
15.6%2020
17.1%2021
18.9%2022
21%2023
22%2024
21.3%2025
Questions? Ask Rey
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Retail space - Highly visible, updated retail/office suite in Farmington, Michigan.
Where is this retail space located?
The property is located at 31822 Grand River Avenue Farmington, MI.
What is the lease rate?
The lease rate is $1,400/Mo.
What are key features of this property?
This property features: Prime Location on Grand River Avenue: Benefit from high visibility and steady traffic.; Recently Updated Plaza (2024): Features a modernized façade and expansive storefront windows.; Flexible Space: Suitable for retail, office, medical, service businesses, or boutique concepts.
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