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Single Tenant Office Space
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38536 Michigan Ave, Wayne, MI 48184

Office space available for single tenant occupancy.

Space Size1,600 SF
Days on Market169

Property Features for 38536 Michigan Ave

General Information

Standard status Active
Size 1,600 SF
Property subtype Office, Industrial, Special Purpose
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 38536 Michigan Ave Contact us

Available Space

Size
1,600 SF
Type
Industrial, Office, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Cambridge Real Estate LLC
Listed By: Michael Hamame · License #MI65
Source: Crexi
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 18 at 8:48AM

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 Cambridge Real Estate LLC

Investment Insights

Based on property information with market context.

This commercial real estate offers office space suitable for a single tenant. The property provides 1,600 square feet of space.

Key Highlights

  • Office Property
  • Single Tenant
  • 1,600 SqFt

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Big Box & Wholesale Store Pharmacy

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
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

147
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Wayne, MI

$11.35 /SF/Yr
Avg Asking Price
$4.8–$16 /SF/Yr
Price Range
5,302 SF
Avg Space Size

This space is priced 98% above the average of $11.35 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office space - Office space available for single tenant occupancy.
Where is this office space located?
The property is located at 38536 Michigan Ave Wayne, MI.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: Office Property; Single Tenant; 1,600 SqFt
More about this property
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