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Freestanding Retail Building with Drive-Thru
For Lease
$15 SF/Yr

50980 North Ave, Macomb, MI 48042

Freestanding retail building with drive-thru and former CVS layout in a C-2 General Commercial district.

Space SizeContact for details
Property Size12,970 SF
Days on Market319

Property Features for 50980 North Ave

General Information

Standard status Active
Size 12,970 SF
Property subtype Retail
Zoning C-2

Additional Details

Traffic Count 20,700 vehicles/day

Building Details

Building Size 12,970 SF
Listing Agency: Colliers
Listed By: Lou Frango · License #6501235287
Source: Cpix.resimplifi
Added: Oct 22, 2025 Changed: Aug 10 Last Checked: Sep 5 at 3:48AM

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 Colliers

Investment Insights

Based on property information with market context.

This freestanding retail building totals 12,970 SF and features a drive-thru. The property was previously operated as a CVS, and it is positioned for retail use within a C-2 General Commercial zoning designation.

The building fronts on 23 Mile Road and North Avenue at a signalized intersection. Reported traffic counts include approximately 20,700 vehicles per day on 23 Mile Road and approximately 14,600 vehicles per day on North Avenue.

The property is best suited for tenants seeking a standalone retail format with drive-thru capability and convenient intersection frontage.

Key Highlights

  • 12,970 SF freestanding building, former CVS
  • Drive‑thru included
  • Located in a C‑2 General Commercial zoning district

Property Analytics

Current Use

CVS (Bike/Boat/Book/etc) Store UPS Access Point ... Courier Service MoneyGram Bank Coinhub Bitcoin ATM ... Atm Citizens ATM Atm

Suggested Use

Top Pick Building Supply Real Estate Agency Auto Repair Shop HVAC Service Pharmacy Storage Facility

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

20,700 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
12,415 visits/mo 0.3 miles

Demographics for 48042, MI

33,398
Population
12,067
Households
2.8
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
22.8 sq mi
ZIP Area
1,465
Density / Sq Mi
$125,433
Median Household Income
$61,261
Median Earnings
$1,569
Median Rent
$374,100
Median Home Value

Market

Lease Benchmarks for Macomb, MI

$23.36 /SF/Yr
Avg Asking Price
$12.5–$30 /SF/Yr
Price Range
3,816 SF
Avg Space Size

This space is priced 36% below the average of $23.36 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail building with drive-thru and former CVS layout in a C-2 General Commercial district.
Where is this retail space located?
The property is located at 50980 North Ave Macomb, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 12,970 SF freestanding building, former CVS; Drive‑thru included; Located in a C‑2 General Commercial zoning district
More about this property
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