Retail Building with Parking
For Lease
$3,500/Mo
5058 LEAFDALE Blvd, Royal Oak, MI 48073
Retail property available for lease with parking in Royal Oak.
Space SizeContact for details
Property Size1,950 SF
Lot Size0.54 Acres
Days on Market280
Property Features for 5058 LEAFDALE Blvd
General Information
Standard status
Active
Size
1,950 SF
Lot size
0.54 Acres
Property subtype
Commercial
Building Details
Building Size
1,950 SF
Year Built
1963
Listed By:
Michael Heiwig
(248) 496-3300
Source:
Elliman
Added: Nov 27, 2025
Changed: Sep 2
Last Checked: Sep 2 at 8:56PM
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 Michael Heiwig
Investment Insights
Based on property information with market context.
This retail building is available for lease and includes 10 parking spaces. The property is suitable for starting a new business or expanding an existing one. The previous landscape company owner is retiring, presenting an opportunity for a new venture. Equipment and customer lists are also available for sale.
Key Highlights
- Business opportunity: Purchase includes equipment and customer lists.
- Existing building suitable for business operations.
- 10 parking spaces available.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
167k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 70%
Dining 22%
Shops & Services 7%
Meijer
Groceries
99,171 visits/mo
0.4 miles
McDonald's
Dining
25,531 visits/mo
0.5 miles
Gordon Food Service
Groceries
18,440 visits/mo
0.4 miles
Speedway
Shops & Services
10,847 visits/mo
0.5 miles
Dunkin' Donuts
Dining
9,384 visits/mo
0.5 miles
Demographics for 48073, MI
33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
Market
Lease Benchmarks for Royal Oak, MI
$20.33 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
3,369 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Dawn Owen Designs — 4840 Delemere Ave, Royal Oak, MI 48073
- Maple Lane Florist — 1522 N Crooks Rd, Clawson, MI 48017
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property available for lease with parking in Royal Oak.
Where is this storefront property located?
The property is located at 5058 LEAFDALE Blvd Royal Oak, MI.
What is the lease rate?
The lease rate is $3,500/Mo.
What are key features of this property?
This property features: Business opportunity: Purchase includes equipment and customer lists.; Existing building suitable for business operations.; 10 parking spaces available.
