Listing Agency: CBRE - Detroit s***@cbre.com Show Phone

Listed By: Scott Young · License #6501367356 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 21 Last Checked: Aug 21 at 9:53AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features a retail space with a size of 5309 square feet. The property is located on Five Mile Road in Livonia, Michigan.

Key Highlights

• Retail space available
• Size: 5309 square feet

Property Analytics

Property Profile

Current Use

Comerica Bank Bank Comerica Bank - ATM Atm

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

782

Businesses Nearby

34k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 76% Dining 21% Electronics 3%

BP Shops & Services

8,722 visits/mo 0.1 miles

Shell Shops & Services

8,360 visits/mo 0.4 miles

Independent Bank Shops & Services

3,857 visits/mo 0.5 miles

Mobil Shops & Services

3,711 visits/mo 0.4 miles

Little Caesars Pizza Dining

3,604 visits/mo 0.2 miles

Demographics for 48154, MI

37,864

Population

15,330

Households

2.5

Avg Household Size

47

Median Age

44%

College-Educated

95%

High-School Grad

11.6 sq mi

ZIP Area

3,264

Density / Sq Mi

$103,763

Median Household Income

$59,017

Median Earnings

$1,197

Median Rent

$285,800

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space for sale, 5309 square feet.

Where is this retail space located?

The property is located at 36700 Five Mile Road Livonia, MI.

What are key features of this property?

This property features: Retail space available; Size: 5309 square feet