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Retail Strip Mall with Signage
For Lease
$944/Mo

513-515 W 11 Mile Road, Madison Heights, MI 48071

Multiple retail units with building signage and convenient access to I-75 for leasing and daily operations.

Space SizeContact for details
Property Size850 SF
Days on Market83

Property Features for 513-515 W 11 Mile Road

General Information

Standard status Active
Size 850 SF

Additional Details

Highway Access Yes

Building Details

Building Size 850 SF
Year Built 1961
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Alexander Termini · License #6501392648
Source: Irishhillsfivestarhomes
Added: Jun 3 Changed: Aug 23 Last Checked: Aug 23 at 7:28AM

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 Pilot Property Group - Residential LLC

Investment Insights

Based on property information with market context.

This retail strip mall features multiple available units and on-building signage, giving tenants visibility for customers and passing traffic. The configuration is suited for a range of storefront-style retail uses that benefit from direct, street-facing presence.

Located at 513-515 W 11 Mile Rd in Madison Heights, the property offers close and easy access to I-75. With building signage available, tenants can promote their businesses through an established commercial frontage.

For prospective retailers, the combination of multiple unit opportunities, storefront format, and existing signage can simplify expansion or new occupancy planning. The practical highway access is also helpful for tenants serving drive-by customers and for day-to-day logistics. BikeScore and walkScore are noted as 50 and 69 respectively, supporting customer access by a mix of modes. Unit availability can accommodate different sizes and leasing needs within the same retail center.

Key Highlights

  • Year built: 1961
  • Multiple retail units available, with building signage
  • Convenient access to I‑75 for leasing and daily operations

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Spa & Massage Center Big Box & Wholesale 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

Demographics for 48071, MI

28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
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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Frequently Asked Questions

What type of property is this?
Strip mall - Multiple retail units with building signage and convenient access to I-75 for leasing and daily operations.
Where is this strip mall located?
The property is located at 513-515 W 11 Mile Road Madison Heights, MI.
What is the lease rate?
The lease rate is $944/Mo.
What are key features of this property?
This property features: Year built: 1961; Multiple retail units available, with building signage; Convenient access to I‑75 for leasing and daily operations
More about this property
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