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Retail Storefront with On-Site Parking
For Lease
$30 SF/Yr NNN

402 - 408 Lafayette Ave, Royal Oak, MI 48067

Retail storefront featuring facade signage and high-end finishes with custom doors and glass, plus on-site parking.

Space SizeContact for details
Days on Market176

Property Features for 402 - 408 Lafayette Ave

General Information

Standard status Active
Property subtype Retail
Zoning CB
Lease Type NNN

Amenities

building facade signage
on-site parking
Listing Agency: Team CORE
Listed By: Kevin Tamer · License ##6506048316
Source: Cpix.resimplifi
Added: Mar 16 Changed: Sep 6 Last Checked: Sep 7 at 4:49AM

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 Team CORE

Investment Insights

Based on property information with market context.

This professionally managed retail storefront offers 2,708 SF with high-end finishes and an open-concept ceiling. The space includes custom doors and glass, and offers on-site parking for customers.

The building has facade signage facing W. Fourth Street, supporting prominent street-level visibility from the commercial frontage. The asking rent is $30.00/SF NNN.

Key Highlights

  • Retail storefront with 2,708 SF available at $30.00/SF NNN
  • Facade signage facing W. Fourth Street
  • High‑end finishes with open‑concept ceiling design

Property Analytics

Current Use

The Office Coffee Shop Cafe & Coffee Shop Ray Heating & Cooling HVAC Service PROTECT CONNECT (Bike/Boat/Book/etc) Store Live Light Birth ... Medical Clinic Better Partners Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Food Market Plumbing Service Locksmith Daycare 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,943
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 54% Dining 37% Home Improvements & Furnishings 4% Hotels & Casinos 4%
McDonald's Dining
23,754 visits/mo 0.2 miles
BP Shops & Services
15,997 visits/mo 0.3 miles
Shell Shops & Services
8,366 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
7,536 visits/mo 0.3 miles
Fifth Third Bank & ATM Shops & Services
7,078 visits/mo 0.3 miles

Demographics for 48067, MI

24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value

Market

Lease Benchmarks for Royal Oak, MI

$24.25 /SF/Yr
Avg Asking Price
$16–$35 /SF/Yr
Price Range
4,038 SF
Avg Space Size

This space is priced 24% above the average of $24.25 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail storefront featuring facade signage and high-end finishes with custom doors and glass, plus on-site parking.
Where is this retail space located?
The property is located at 402 - 408 Lafayette Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Retail storefront with 2,708 SF available at $30.00/SF NNN; Facade signage facing W. Fourth Street; High‑end finishes with open‑concept ceiling design
More about this property
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