For Lease
Contact for pricing
31971 Woodward Ave, Royal Oak, MI 48073
Retail space
Space Size1,100 SF
Property Size15,648 SF
Days on Market557
Property Features for 31971 Woodward Ave
General Information
Standard status
Active
Size
1,100 SF
Total Parking Spaces
65
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
15,648 SF
Year Built
2004
Tenancy
Single
Spaces For Lease
at 31971 Woodward Ave Contact us- Size
- 1,100 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Stokas Bieri Real Estate
(248) 351-6280
Listed By:
Alex Bieri · License #MI 6506046740
Source:
Crexi
Added: Feb 10, 2025
Changed: Aug 18
Last Checked: Aug 20 at 6:49PM
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 Stokas Bieri Real Estate
Investment Insights
Based on property information with market context.
Key Highlights
- High visibility monument signage on Woodward Ave
- PUD zoning allows for restaurant use
- Ample parking on Woodward Ave
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
883
Businesses Nearby
48k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 24%
Electronics 11%
Apparel 7%
Shell
Shops & Services
9,533 visits/mo
0.2 miles
Oberweis Dairy
Dining
7,308 visits/mo
0.5 miles
Potbelly Sandwich Shop
Dining
7,290 visits/mo
0.0 miles
Starbucks
Dining
7,238 visits/mo
0.1 miles
Verizon
Electronics
5,427 visits/mo
0.0 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
$25.89 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,766 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this retail space located?
The property is located at 31971 Woodward Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $480/Mo.
What are key features of this property?
This property features: High visibility monument signage on Woodward Ave; PUD zoning allows for restaurant use; Ample parking on Woodward Ave
