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Flexible Retail Space
New
For Lease
$18 SF/Yr

40320-40420 Five Mile Rd, Plymouth, MI 48170

B-1 zoning supports a range of commercial uses in this retail space.

Space Size1,200 SF - 2,800 SF
Property Size14,747 SF
Days on Market7

Property Features for 40320-40420 Five Mile Rd

General Information

Standard status Active
Size 1,200 SF - 2,800 SF
Net Rentable 2,800 SF
Total Parking Spaces 89
Property subtype Retail
Zoning B-1

Space & Availability

Available Space 1,200-2,800 SF
Contiguous Space 2,800 SF
Divisible Yes
Space Use Retail

Building Details

Building Size 14,747 SF
Year Built 1987
Stories 1
Tenancy Multi-Tenant
Listing Agency: Signature Associates - Southfield
Listed By: Drake Filippis · License #6505240607
Source: Cpix.resimplifi
Added: Oct 27 Changed: Oct 31 Last Checked: Nov 1 at 2:18AM

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

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Investment Insights

Based on property information with market context.

Retail space at 40320-40420 Five Mile Rd in Plymouth, Michigan, is available in a 14,747-square-foot property built in 1987. The space can be divided into smaller suites, with a minimum demised area of 1,200 square feet and a full-space option of 2,800 square feet.

The property is zoned B-1. Its address places it on Five Mile Road in Plymouth.

Key Highlights

  • Retail space can be demised to 1,200 square feet
  • Available area: 2,800 square feet
  • 14,747‑square‑foot property built in 1987

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Restaurant

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 73% Shops & Services 17% Dining 9%
Kroger Groceries
31,939 visits/mo 0.1 miles
Exxon Shops & Services
7,581 visits/mo 0.1 miles
Jet's Pizza Dining
3,163 visits/mo 0.2 miles
Domino's Pizza Dining
774 visits/mo 0.1 miles

Demographics for 48170, MI

41,069
Population
18,184
Households
2.3
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
34.5 sq mi
ZIP Area
1,190
Density / Sq Mi
$109,442
Median Household Income
$68,920
Median Earnings
$1,114
Median Rent
$400,800
Median Home Value

Market

Lease Benchmarks for Plymouth, MI

$21.42 /SF/Yr
Avg Asking Price
$12.79–$40 /SF/Yr
Price Range
1,917 SF
Avg Space Size

This space is priced 16% below the average of $21.42 /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

Frequently Asked Questions

What type of property is this?
Retail space - B-1 zoning supports a range of commercial uses in this retail space.
Where is this retail space located?
The property is located at 40320-40420 Five Mile Rd Plymouth, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail space can be demised to 1,200 square feet; Available area: 2,800 square feet; 14,747‑square‑foot property built in 1987
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