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Retail Space with Planned Renovations
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For Lease
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3641-3745 Gratiot Ave, Detroit, MI 48207

Commercial space along Gratiot Avenue, positioned west of Mt. Elliott Street between Mack Avenue and Forrest Avenue.

Space Size1,000 SF - 1,300 SF
Property Size33,300 SF
Days on Market7

Property Features for 3641-3745 Gratiot Ave

General Information

Standard status Active
Size 1,000 SF - 1,300 SF
Property subtype Retail

Building Details

Building Size 33,300 SF
Year Built 1966
Year Renovated 2022

Spaces For Lease

at 3641-3745 Gratiot Ave Contact us

3737 Gratiot Ave

Size
1,300 SF
Type
Street Retail
Rate
Contact for pricing
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

3725 Gratiot Ave $24/SF/Yr

Size
1,000 SF
Type
Street Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us

3733 Gratiot Ave $24/SF/Yr

Size
1,100 SF
Type
Street Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI Farbman
Listed By: Wendy Acho · License #6501411463
Source: Commercialcafe
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 18 at 10:05AM

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

Investment Insights

Based on property information with market context.

This retail space is located at 3641–3745 Gratiot Ave in Detroit, Michigan. The property was built in 1966 and is positioned along Gratiot Avenue, west of Mt. Elliott Street and between Mack Avenue and Forrest Avenue.

Renovations were planned for 2022, providing a documented improvement component for the offering. The site’s placement along a retail corridor supports its commercial storefront profile.

Key Highlights

  • Retail space at 3641–3745 Gratiot Ave, Detroit, MI 48207
  • Located west of Mt. Elliott Street between Mack Avenue and Forrest Avenue
  • Planned renovations for 2022

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Building Supply

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

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby
32k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 44% Groceries 23% Dining 22% Electronics 11%
Family Dollar Shops & Services
7,356 visits/mo 0.5 miles
Save-A-Lot Groceries
7,311 visits/mo 0.1 miles
KFC Dining
7,143 visits/mo 0.1 miles
Sunoco Shops & Services
5,161 visits/mo 0.1 miles
Metro by T-Mobile Electronics
3,643 visits/mo 0.1 miles

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 SF
Avg Space Size

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial space along Gratiot Avenue, positioned west of Mt. Elliott Street between Mack Avenue and Forrest Avenue.
Where is this retail space located?
The property is located at 3641-3745 Gratiot Ave Detroit, MI.
What are key features of this property?
This property features: Retail space at 3641–3745 Gratiot Ave, Detroit, MI 48207; Located west of Mt. Elliott Street between Mack Avenue and Forrest Avenue; Planned renovations for 2022
More about this property
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