Listing Agency: Detroit

Listed By: Ben Hubert · License #6502385681 Show Phone

Source: Colliers

Added: Mar 30 Changed: Oct 13 Last Checked: Oct 16 at 5:40AM

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Investment Insights

Based on property information with market context.

This commercial real estate offers 5,156 square feet of retail space.

Key Highlights

• 5,156 SF Retail Space

Property Analytics

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Current Use

Marshall Music Company (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store HVAC Service Auto Repair Shop Pharmacy

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

324

Businesses Nearby

48k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Dining 40% Home Improvements & Furnishings 6% Beauty & Spa 4%

Shell Shops & Services

13,946 visits/mo 0.0 miles

Wendy's Dining

10,351 visits/mo 0.0 miles

FedEx Office Print & Ship Center Shops & Services

3,708 visits/mo 0.1 miles

Quickly Boba Cafe Dining

3,641 visits/mo 0.4 miles

Leslie's Pool Supplies Home Improvements & Furnishings

2,879 visits/mo 0.4 miles

Demographics for 48085, MI

26,507

Population

9,330

Households

2.8

Avg Household Size

42

Median Age

59%

College-Educated

96%

High-School Grad

9.3 sq mi

ZIP Area

2,850

Density / Sq Mi

$144,146

Median Household Income

$65,370

Median Earnings

$2,213

Median Rent

$395,300

Median Home Value

Market

Lease Benchmarks for Troy, MI

$20.3 /SF/Yr

Avg Asking Price

$2.79–$35 /SF/Yr

Price Range

21,324 SF

Avg Space Size

This space is priced 41% below the average of $20.3 /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

Similar For Rent Nearby

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First-Floor Retail Space

2941 Wattles Rd Unit B, Troy, MI 48085

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Freestanding Retail Building

1853 E Maple Rd, Troy, MI 48083

$8,300/Mo

4,000 sqft

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Retail Space in Maplewood Plaza

1701 Rochester Rd, Troy, MI 48083

$14 SF/Yr

10,330 sqft

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Highly Visible Retail-Office Suites

3835 - 3845 Rochester Road, Troy, MI 48083

$1,700/Mo

3,400 sqft

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Troy Retail/Office Space Available

1869 E Maple, Troy, MI 48083

$6,780/Mo

9,936 sqft

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Retail Space on Rochester Road

5060 Rochester Road, Troy, MI 48085

Contact for pricing

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Retail or Office Suite with Door

2789 Rochester Rd, Troy, MI 48083

$30 SF/Yr

8,529 sqft

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Drive-Thru Retail End Cap

5455 Corporate Dr, Troy, MI 48098

Contact for pricing

5,804 sqft

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Second-Floor Retail Suite

1721 Crooks Road, Troy, MI 48084

$25 SF/Yr

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Retail Spaces Available For Rent

3153 Rochester Road, Troy, MI 48083

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4,163 sqft

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Retail Space with 19-Foot Ceilings

78 W Maple, Troy, MI 48084

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Mixed-Use Development with Retail

591 W Big Beaver Rd, Troy, MI 48084

Contact for pricing

3,589 sqft

View details

Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for rent.

Where is this retail space located?

The property is located at 4052 Rochester Rd Troy, MI.

What is the lease rate?

The lease rate is $5,156/Mo.

What are key features of this property?

This property features: 5,156 SF Retail Space