Retail Space with Exposed
5734 Woodward, Detroit, MI 48202
For Lease
$2,700/Mo Modified Gross
Two street-level suites are available separately or together under modified gross lease terms.
Space Size1,300 SF - 3,000 SF
Days on Market289
Property Features for 5734 Woodward
General Information
Standard status
Size
Net Rentable
Zoning
Lease Type
Space & Availability
Available Space
Floor
Site & Location
Neighborhood
Amenities
open layouts
exposed brick character
private restrooms
gated rear parking
Building Details
Tenancy
Listing Agency:
Nika & Co
(313) 858-6580
Listed By:
Vadim Oss · License MI #6505433305
(248) 266-2566
Source:
Jabachler
Added: Jan 28
Changed: Nov 11
Last Checked: Nov 11 at 11:28PM
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 Nika & Co
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Investment Insights
Based on property information with market context.
Hendrie Lofts offers two ground-floor retail suites with open layouts, exposed brick and private restrooms. The units measure approximately 1,300 SF and 1,500 SF, and can be leased individually or combined. Tenant customization is available, and the lease structure is modified gross.
The property has more than 50 feet of frontage on Woodward Avenue. Nearby destinations include Wayne State University, the Detroit Institute of Arts, Detroit Public Library and TechTown. Bus routes and the QLine serve the area, and gated parking is available at the rear of the property.
The property has more than 50 feet of frontage on Woodward Avenue. Nearby destinations include Wayne State University, the Detroit Institute of Arts, Detroit Public Library and TechTown. Bus routes and the QLine serve the area, and gated parking is available at the rear of the property.
Key Highlights
- Two street‑level units of approximately 1,300 SF and 1,500 SF
- More than 50 feet of Woodward Avenue frontage
- Open layouts, exposed brick and private restrooms
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
2,551
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 35%
Electronics 2%
White Castle
Dining
14,009 visits/mo
0.3 miles
Family Dollar
Shops & Services
8,807 visits/mo
0.5 miles
Citgo
Shops & Services
6,019 visits/mo
0.4 miles
Citizens Bank
Shops & Services
5,642 visits/mo
0.1 miles
Sunoco
Shops & Services
5,159 visits/mo
0.4 miles
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$22.12 /SF/Yr
Avg Asking Price
$5.35–$175 /SF/Yr
Price Range
12,068 SF
Avg Space Size
Average Price Trend$/SF/Yr for Retail space in Detroit, MI
Properties on Market for Retail space in Detroit
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Retail space - Two street-level suites are available separately or together under modified gross lease terms.
Where is this retail space located?
The property is located at 5734 Woodward Detroit, MI.
What is the lease rate?
The lease rate is $2,700/Mo.
What are key features of this property?
This property features: Two street‑level units of approximately 1,300 SF and 1,500 SF; More than 50 feet of Woodward Avenue frontage; Open layouts, exposed brick and private restrooms
