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Retail Space with Signage

32364-32376 Woodward Avenue, Royal Oak, MI 48073

For Lease
New
$25 SF/Yr

Parking is available on both sides of the building, with signage facing Woodward Avenue.

Space Size1,600 SF
Days on Market2

Property Features for 32364-32376 Woodward Avenue

General Information

Standard status Active
Size 1,600 SF
Net Rentable 1,600 SF
Total Parking Spaces 6
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 1,600 SF
Contiguous Space 1,600 SF
Space Use Retail

Amenities

high visibility signage

Spaces For Lease

at 32364-32376 Woodward Avenue Contact us

32364-32376 $25/SF/Yr

Size 1,600 SF
Type Strip Center
Contact us

Name

Type Space Type
Contact us
Listing Agency: Friedman Real Estate
Listed By: Glenn N. DesRosiers
Source: Friedmanrealestate
Added: Nov 6 Last Checked: Nov 6 at 2:45PM

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 Friedman Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,600 SF retail space is available for lease at 32364-32376 Woodward Avenue in Royal Oak, Michigan. Signage facing Woodward Avenue is available, and parking is provided at the front and rear of the building.

On-site ownership and management oversee the property. Leasehold improvements are available.

Key Highlights

  • 1,600 SF of retail space available for lease
  • Signage available facing Woodward Avenue
  • Parking at the front and rear of the building

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Daycare Center Storage Facility

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

690
Businesses Nearby
61k
Monthly Visits Nearby

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

$23.76 /SF/Yr
Avg Asking Price
$5–$31 /SF/Yr
Price Range
4,333 SF
Avg Space Size

This space is priced 5% above the average of $23.76 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Royal Oak, MI

$24.91 Jul
$24.25 Aug
$23.39 Sep
$23.69 Oct

Properties on Market for Retail space in Royal Oak

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Parking is available on both sides of the building, with signage facing Woodward Avenue.
Where is this retail space located?
The property is located at 32364-32376 Woodward Avenue Royal Oak, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 1,600 SF of retail space available for lease; Signage available facing Woodward Avenue; Parking at the front and rear of the building
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