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CVS-Anchored Shopping Center
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42934 Woodward Ave, Bloomfield Hills, MI 48304

Newly configured retail center with Starbucks joining the tenant mix in spring 2022.

Space Size1,100 SF
Property Size18,694 SF
Days on Market74

Property Features for 42934 Woodward Ave

General Information

Standard status Active
Size 1,100 SF
Property subtype Retail

Building Details

Building Size 18,694 SF
Tenancy Single

Spaces For Lease

at 42934 Woodward Ave Contact us

Available Space

Size
1,100 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Mid-America
Listed By: Tony Schmitt · License #MI
Source: Crexi
Added: Jun 23 Changed: Sep 2 Last Checked: Sep 3 at 6:40AM

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 Mid-America

Investment Insights

Based on property information with market context.

This shopping center has been newly configured and is anchored by CVS, with Starbucks identified as an additional tenant joining in spring 2022. The property occupies the southeast corner of Woodward Avenue and Square Lake Road in Bloomfield Hills, Michigan.

Key Highlights

  • CVS‑anchored shopping center
  • Starbucks joining the tenant mix in spring 2022
  • Southeast corner of Woodward Avenue and Square Lake Road

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Nail Salon Daycare Center (Bike/Boat/Book/etc) Store

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

895
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 31% Office Supplies 15% Beauty & Spa 1%
Shell Shops & Services
15,612 visits/mo 0.1 miles
Staples Office Supplies
10,030 visits/mo 0.4 miles
Rusty Bucket Dining
9,233 visits/mo 0.1 miles
Kerby's Koney Island Dining
7,348 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
4,532 visits/mo 0.2 miles

Demographics for 48304, MI

17,437
Population
7,165
Households
2.4
Avg Household Size
50
Median Age
74%
College-Educated
98%
High-School Grad
11.4 sq mi
ZIP Area
1,530
Density / Sq Mi
$140,700
Median Household Income
$76,094
Median Earnings
$1,492
Median Rent
$481,500
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
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Similar Off Market Nearby

  • Kingwoods Plaza Shopping Center 43097 Woodward Ave, Bloomfield Hills, MI 48302

Frequently Asked Questions

What type of property is this?
Shopping center - Newly configured retail center with Starbucks joining the tenant mix in spring 2022.
Where is this shopping center located?
The property is located at 42934 Woodward Ave Bloomfield Hills, MI.
What are key features of this property?
This property features: CVS‑anchored shopping center; Starbucks joining the tenant mix in spring 2022; Southeast corner of Woodward Avenue and Square Lake Road
More about this property
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