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Combined Retail Units Available
For Lease
$10 SF/Yr

4 E Alexandrine St, Detroit, MI 48201

Three retail units can be combined for flexible storefront space near major medical and education demand.

Space SizeContact for details
Property Size268,386 SF
Days on Market99

Property Features for 4 E Alexandrine St

General Information

Standard status Active
Size 268,386 SF
Property subtype Retail
Zoning B2

Additional Details

Multifamily Units 3

Building Details

Building Size 268,386 SF
Year Built 1976
Tenancy Multi
Listing Agency: Signature Associates - Southfield
Listed By: Joe Stack
Source: Cpix.resimplifi
Added: May 29 Changed: Aug 21 Last Checked: Sep 4 at 4:25AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This offering consists of three retail units that can be combined, providing flexibility for operators who need a larger footprint. The property is presented as a storefront retail asset suitable for a range of neighborhood- and destination-oriented uses.

Located at 4 E. Alexandrine St in Detroit, the property benefits from proximity to hospitals, Woodward Avenue, and Wayne State University. That positioning supports steady day-to-day activity from nearby medical and academic traffic.

For tenants seeking adaptable retail space, the ability to combine units can help accommodate evolving layouts and branding needs without requiring a separate location. Interested users should review the individual unit configurations and confirm the combination approach that best fits their operational requirements.

Key Highlights

  • Three retail units (can be combined) for flexible storefront configuration
  • Built in 1976
  • Located near hospitals, Woodward Avenue, and Wayne State University

Property Analytics

Current Use

Bicentennial Tower Apartment Building Comerica Bank Bank

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Nail Salon Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring 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.

Lease Details

3
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,599
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 32% Dining 29% Shops & Services 27% Apparel 9%
Whole Foods Market Groceries
42,654 visits/mo 0.2 miles
McDonald's Dining
31,104 visits/mo 0.2 miles
Shell Shops & Services
13,363 visits/mo 0.4 miles
Shinola Apparel
9,011 visits/mo 0.4 miles
Condado Tacos Dining
7,597 visits/mo 0.5 miles

Demographics for 48201, MI

14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$16.39 /SF/Yr
Avg Asking Price
$2.85–$35 /SF/Yr
Price Range
13,201 SF
Avg Space Size

This space is priced 39% below the average of $16.39 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Three retail units can be combined for flexible storefront space near major medical and education demand.
Where is this retail space located?
The property is located at 4 E Alexandrine St Detroit, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Three retail units (can be combined) for flexible storefront configuration; Built in 1976; Located near hospitals, Woodward Avenue, and Wayne State University
More about this property
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