Woodward Avenue Retail
For Lease
Contact for pricing
32302 Woodward Ave, Royal Oak, MI
Retail spaces available on Woodward Avenue with high traffic volume.
Space Size3,554 SF
Lot Size0.21 Acres
Days on Market518
Property Features for 32302 Woodward Ave
General Information
Standard status
Active
Size
3,554 SF
Lot size
0.21 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 32302 Woodward Ave Contact us- Floor
- Bldg
- Size
- 3,554 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
32302 Woodward Ave $26 – $32/SF/Yr
- Former Army Navy Retail Opportunity Available Located At 32302 Woodward: 5,264...
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Contact us
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: Aug 9
Last Checked: Aug 15 at 7:16AM
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.
Located at 32302 Woodward Avenue, a former Army Navy retail space offers 5,264 square feet. Additionally, the former Golden Basket Restaurant at 32286 Woodward Avenue provides 3,554 square feet. Situated on the northbound side of Woodward Avenue, the location benefits from high traffic, with over 75,000 cars passing daily. The property is directly across the street from Agree's new headquarters and near the Royal Oak Corewell Health Hospital. The sophisticated ownership group is open to a complete redevelopment of the outlined area. Nearby retailers include Woodward Corners, Buddy’s Pizza, Potbelly, Starbucks, Burger King, Panda Express, and CVS.
Key Highlights
- High Traffic Location: Over 75,000 cars per day on Woodward Ave.
- Strategic Location: Located on Woodward Ave, across from Agree's Headquarters.
- Redevelopment Potential: Opportunity for complete redevelopment by a sophisticated ownership group.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
912
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 24%
Electronics 8%
Beauty & Spa 5%
The Original Pancake House
Dining
14,353 visits/mo
0.4 miles
Oberweis Dairy
Dining
7,308 visits/mo
0.2 miles
FedEx Office Print & Ship Center
Shops & Services
7,026 visits/mo
0.1 miles
AT&T
Electronics
5,633 visits/mo
0.5 miles
The UPS Store
Shops & Services
5,545 visits/mo
0.5 miles
Market
Lease Benchmarks for Royal Oak, MI
$24.9 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
3,620 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 - Retail spaces available on Woodward Avenue with high traffic volume.
Where is this retail space located?
The property is located at 32302 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: High Traffic Location: Over 75,000 cars per day on Woodward Ave.; Strategic Location: Located on Woodward Ave, across from Agree's Headquarters.; Redevelopment Potential: Opportunity for complete redevelopment by a sophisticated ownership group.
