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Retail Space on Michigan Avenue
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32304 W MICHIGAN AVE, Wayne, MI 48184

4,000 SF retail space available for lease.

Space Size4,000 SF
Days on Market127

Property Features for 32304 W MICHIGAN AVE

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail
Lease Type Gross

Building Details

Building Size 4,000 SF
Year Built 1953
Tenancy Single

Spaces For Lease

at 32304 W MICHIGAN AVE Contact us

4000 SF

Size
4,000 SF
Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: RE/MAX Team 2000
Listed By: Yousef Beydoun · License #6501354088
Source: Crexi
Added: Apr 22 Changed: Aug 25 Last Checked: Aug 24 at 3:43PM

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 RE/MAX Team 2000

Investment Insights

Based on property information with market context.

This property offers 4,000 square feet of retail space. It is located on West Michigan Avenue in Wayne, Michigan.

Key Highlights

  • Retail Property
  • 4,000 SF of space
  • Built in 1953

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Restaurant Hair Salon Nail Salon

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
$1.58 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Taco Bell Dining
11,369 visits/mo 0.4 miles
White Castle Dining
11,024 visits/mo 0.4 miles
Exxon Shops & Services
9,950 visits/mo 0.0 miles
7-Eleven Shops & Services
9,949 visits/mo 0.4 miles
Wendy's Dining
9,302 visits/mo 0.4 miles

Demographics for 48184, MI

17,776
Population
7,739
Households
2.3
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
2,469
Density / Sq Mi
$54,572
Median Household Income
$36,548
Median Earnings
$924
Median Rent
$142,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 4,000 SF retail space available for lease.
Where is this retail space located?
The property is located at 32304 W MICHIGAN AVE Wayne, MI.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: Retail Property; 4,000 SF of space; Built in 1953
(313) 525-1101 Call to check price and availability
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