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Multi-Tenant Retail Space

40320 - 40420 Five Mile Rd, Plymouth, MI 48170

For Lease
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Flexible leasing configuration accommodates a smaller storefront or a larger retail footprint.

Space Size1,200 SF - 2,800 SF
Days on Market14

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
Property subtype Retail

Space & Availability

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

Spaces For Lease

at 40320 - 40420 Five Mile Rd
#40340 Active
Contact us
Listing Agency: Signature Associates Southfield
Listed By: Drake Filippis
Source: Crexi
Added: Oct 28 Changed: Nov 9 Last Checked: Nov 8 at 4:46PM

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

Rey
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Investment Insights

Based on property information with market context.

Retail space is available at Lake Point Plaza, with configurations beginning at 1,200 square feet and extending to 2,800 square feet. The space can be divided to suit a smaller requirement or leased as a larger unit.

Key Highlights

  • Up to 2,800 square feet of retail space
  • Can be demised to 1,200 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Enjoy Nails Nail Salon

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Plymouth, MI

$21.19 /SF/Yr
Avg Asking Price
$12.79–$40 /SF/Yr
Price Range
2,719 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Plymouth, MI

$19.67 Jul
$22.43 Aug
$22.31 Sep
$21.19 Oct

Properties on Market for Retail space in Plymouth

Jul
Aug
Sep
Oct

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 - Flexible leasing configuration accommodates a smaller storefront or a larger retail footprint.
Where is this retail space located?
The property is located at 40320 - 40420 Five Mile Rd Plymouth, MI.
What are key features of this property?
This property features: Up to 2,800 square feet of retail space; Can be demised to 1,200 square feet
(248) 941-1125 Call to check price and availability
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