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Renovated Retail Center with Parking
For Lease
$1,250/Mo

40060-40000 Hayes Rd, Clinton Township, MI 48038

Newly renovated retail center with a new parking lot, ample parking, and signage rights near major local destinations.

Space SizeContact for details
Days on Market108

Property Features for 40060-40000 Hayes Rd

General Information

Standard status Active

Building Details

Tenancy Multi
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Exprealty
Added: May 21 Changed: Sep 3 Last Checked: Sep 4 at 2:15PM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

This newly renovated retail center offers updated retail space within a shopping center setting, supported by a newly constructed parking lot. The property provides ample parking for customers and includes signage rights to support storefront visibility.

The center is described as having high daytime traffic and is centrally located between 17 and 18 Mile Rds. Nearby retail and activity include University Center and Lakeside Mall.

Current or planned tenant occupants include Subway, B&D Nails, Great Lakes Animal Hospital, and Golden Gate Restaurant, along with additional tenants. The asking rent is presented as $12.00/SF/YR with Gross plus utilities for the space.

Key Highlights

  • Newly renovated retail center with a new parking lot
  • Rent listed at $12.00/SF/YR (Gross + utilities)
  • Ample parking plus signage rights

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Pharmacy Auto Repair Shop Spa & Massage Center

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 89% Dining 11%
7-Eleven Shops & Services
11,420 visits/mo 0.4 miles
Fifth Third Bank & ATM Shops & Services
2,061 visits/mo 0.4 miles
SUBWAY Dining
1,630 visits/mo 0.1 miles

Demographics for 48038, MI

44,038
Population
21,395
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
94%
High-School Grad
10.9 sq mi
ZIP Area
4,040
Density / Sq Mi
$78,684
Median Household Income
$44,811
Median Earnings
$1,255
Median Rent
$246,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Newly renovated retail center with a new parking lot, ample parking, and signage rights near major local destinations.
Where is this shopping center located?
The property is located at 40060-40000 Hayes Rd Clinton Township, MI.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: Newly renovated retail center with a new parking lot; Rent listed at $12.00/SF/YR (Gross + utilities); Ample parking plus signage rights
More about this property
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