Former Restaurant Retail
For Lease
Contact for pricing
32286 Woodward Ave, Royal Oak, MI 48073
Former Golden Basket restaurant space on northbound Woodward Ave with over 75,000 vehicles daily.
Property Size3,554 SF - 5,264 SF
Days on Market501
Property Features for 32286 Woodward Ave
General Information
Standard status
Active
Size
3,554 SF - 5,264 SF
Net Rentable
3,554 SF
Property subtype
RETAIL
Lease Type
SF/yr
Space & Availability
Available Space
3,554-5,264 SF
Space Use
Retail
Additional Details
Traffic Count
75,000 vehicles/day
Listing Agency:
NAI Farbman - Corporate
(947) 517-6226
Listed By:
Brandon Ben-Ezra · License #6502102638
(947) 517-6226
Source:
Moodyscre
Added: Mar 17, 2025
Changed: Jul 29
Last Checked: Jul 29 at 10:36AM
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 - Corporate
Investment Insights
Based on property information with market context.
Former Golden Basket Restaurant retail space available at 32286 Woodward Ave, Royal Oak, MI 48073. The offering includes 3,554 SF of existing retail area, and the ownership group is considering a complete redevelopment of all the area outlined in blue.
The property is located on the north-bound side of Woodward Ave with over 75,000 cars per day. It is directly across the street from Agree’s ($ADC) and in close proximity to the Royal Oak Corewell Health Hospital. Notable retailers in the surrounding area include Woodward Corners, Buddy’s Pizza, Potbelly, Starbucks, Burger King, Panda Express, and CVS.
The property is located on the north-bound side of Woodward Ave with over 75,000 cars per day. It is directly across the street from Agree’s ($ADC) and in close proximity to the Royal Oak Corewell Health Hospital. Notable retailers in the surrounding area include Woodward Corners, Buddy’s Pizza, Potbelly, Starbucks, Burger King, Panda Express, and CVS.
Key Highlights
- Former Golden Basket restaurant space at 32286 Woodward Ave with 3,554 SF
- Frontage on northbound Woodward Ave with over 75,000 cars per day
- Additional former Army Navy retail opportunity at 32302 Woodward Ave with 5,264 SF
Property Analytics
Current Use
Lease Details
75,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
690
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 31%
Electronics 9%
Apparel 6%
Shell
Shops & Services
9,533 visits/mo
0.3 miles
Oberweis Dairy
Dining
7,308 visits/mo
0.3 miles
Potbelly Sandwich Shop
Dining
7,290 visits/mo
0.2 miles
Starbucks
Dining
7,238 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
7,026 visits/mo
0.5 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
$24.9 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,704 SF
Avg Space Size
This space is priced 4% above the average of $24.9 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Former Golden Basket restaurant space on northbound Woodward Ave with over 75,000 vehicles daily.
Where is this retail space located?
The property is located at 32286 Woodward Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Former Golden Basket restaurant space at 32286 Woodward Ave with 3,554 SF; Frontage on northbound Woodward Ave with over 75,000 cars per day; Additional former Army Navy retail opportunity at 32302 Woodward Ave with 5,264 SF
