Retail Space with Bonus
5070 SCHAEFER Rd, Dearborn, MI 48126
For Lease
$5,000/Mo
Pending
3,000 SF retail space with additional lower-level bonus space.
Space SizeContact for details
Property Size3,000 SF
Days on Market245
Property Features for 5070 SCHAEFER Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Building Details
Building Size
Listing Agency:
RE/MAX Team 2000
Listed By:
Yousef Beydoun · License #6501354088
(313) 561-0900
Source:
Elliman
Added: Mar 10
Changed: Oct 29
Last Checked: Nov 8 at 7:04AM
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 RE/MAX Team 2000
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Investment Insights
Based on property information with market context.
This retail space offers 3,000 square feet with an additional 3,000 square feet of bonus space located on the lower level. The property is positioned in a high-traffic area, neighboring O'Reilly Auto Parts and the Michigan Secretary of State. It features virtually unlimited parking, making it suitable for businesses seeking a location with customer accessibility.
Key Highlights
- High‑traffic location next to O'Reilly Auto Parts and Michigan Secretary of State
- 6,000 total square feet (3,000 sq ft + 3,000 sq ft bonus space)
- Virtually unlimited parking
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,404
Businesses Nearby
127k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 27%
Home Improvements & Furnishings 1%
Apparel 1%
McDonald's
Dining
20,883 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,469 visits/mo
0.5 miles
Bank of America
Shops & Services
12,984 visits/mo
0.4 miles
Mobil
Shops & Services
12,516 visits/mo
0.5 miles
Starbucks
Dining
10,475 visits/mo
0.4 miles
Demographics for 48126, MI
55,863
Population
16,919
Households
3.3
Avg Household Size
28
Median Age
24%
College-Educated
74%
High-School Grad
8.4 sq mi
ZIP Area
6,650
Density / Sq Mi
$42,353
Median Household Income
$27,724
Median Earnings
$1,222
Median Rent
$200,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Dearborn, MI
$16.72 /SF/Yr
Avg Asking Price
$6.55–$25 /SF/Yr
Price Range
3,621 SF
Avg Space Size
This space is priced 40% below the average of $16.72 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Dearborn, MI
Properties on Market for Retail space in Dearborn
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - 3,000 SF retail space with additional lower-level bonus space.
Where is this retail space located?
The property is located at 5070 SCHAEFER Rd Dearborn, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: High‑traffic location next to O'Reilly Auto Parts and Michigan Secretary of State; 6,000 total square feet (3,000 sq ft + 3,000 sq ft bonus space); Virtually unlimited parking
