Farmington Hills Retail Space
For Lease
Contact for pricing
34420 Eight Mile Rd, Farmington Hills, MI 48335
Retail space for lease in Farmington Hills, Michigan.
Space Size5,500 SF
Property Size7,023 SF
Days on Market2206
Property Features for 34420 Eight Mile Rd
General Information
Standard status
Active
Size
5,500 SF
Total Parking Spaces
40
Property subtype
Retail, Restaurant
Building Details
Building Size
7,023 SF
Tenancy
Multiple
Spaces For Lease
at 34420 Eight Mile Rd Contact us- Size
- 5,500 SF
- Availability
- Active
34420 Eight Mile Rd
Listing Agency:
Legacy Commercial Properties
Listed By:
Jason Yuhasz · License #FLBO
Source:
Crexi
Added: Aug 27, 2020
Changed: Sep 7
Last Checked: Sep 9 at 6:12AM
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 Legacy Commercial Properties
Investment Insights
Based on property information with market context.
Commercial retail space is available for lease at 34420 Eight Mile Rd. in Farmington Hills, MI. The 7,000 SF building is located near the center of the Farmington Hills business district. This retail or office space has strong visibility on the NW corner of Eight Mile Rd & Gill Rd with up to 5500 SF available for lease. The building is in a well-established area with superb on-site parking, over 40 spaces. It offers landmark recognition & engaging signage and is ready for its next generation of retail. This property is a well-known retail staple of the Farmington Hills community for years. This is the perfect opportunity to expand your business on the NW corner of Eight Mile Rd & Gill Rd.
Key Highlights
- Strong visibility on the NW corner of Eight Mile Rd & Gill Rd.
- Up to 5500 SF of commercial retail or office space available for lease.
- Superb on‑site parking with over 40 spaces.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
107k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 46%
Shops & Services 35%
Dining 12%
Home Improvements & Furnishings 7%
Kroger
Groceries
49,821 visits/mo
0.2 miles
Speedway
Shops & Services
15,153 visits/mo
0.5 miles
Kroger Fuel Center
Shops & Services
14,926 visits/mo
0.2 miles
Harbor Freight Tools
Home Improvements & Furnishings
7,353 visits/mo
0.3 miles
Arby's
Dining
6,141 visits/mo
0.3 miles
Demographics for 48335, MI
25,618
Population
11,964
Households
2.1
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
7.2 sq mi
ZIP Area
3,558
Density / Sq Mi
$96,359
Median Household Income
$66,646
Median Earnings
$1,451
Median Rent
$366,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Farmington Hills, MI
$16.56 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
11,289 SF
Avg Space Size
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 space for lease in Farmington Hills, Michigan.
Where is this retail space located?
The property is located at 34420 Eight Mile Rd Farmington Hills, MI.
What are key features of this property?
This property features: Strong visibility on the NW corner of Eight Mile Rd & Gill Rd.; Up to 5500 SF of commercial retail or office space available for lease.; Superb on‑site parking with over 40 spaces.
