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Two-Storefront Retail Property
For Lease
$16 SF/Yr

6540 Woodward Ave, Detroit, MI 48202

Retail space with multiple customer-facing entrances and dedicated signage along Woodward Avenue.

Space SizeContact for details
Days on Market96

Property Features for 6540 Woodward Ave

General Information

Standard status Active
Property subtype Office, Retail
Zoning B4
Listing Agency: Avison Young | Detroit
Listed By: Sloane Walsh · License #6501387170
Source: Cpix.resimplifi
Added: May 28 Changed: Aug 30 Last Checked: Aug 30 at 1:37PM

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 Avison Young | Detroit

Investment Insights

Based on property information with market context.

This B4-zoned retail property includes two storefront areas oriented toward Woodward Avenue. A separate rear space also has its own entrance from Woodward Avenue, creating an additional customer access point within the layout.

The property is located at 6540 Woodward Ave in Detroit, Michigan. Dedicated signage is provided for the additional space, supporting clear identification from the avenue.

Key Highlights

  • Two storefront areas front Woodward Avenue
  • Additional rear space with a dedicated Woodward Avenue entrance
  • Separate signage serving the additional space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom Nail Salon

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,750
Businesses Nearby
74k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 62% Shops & Services 38%
McDonald's Dining
27,503 visits/mo 0.4 miles
White Castle Dining
14,009 visits/mo 0.2 miles
BP Shops & Services
12,413 visits/mo 0.4 miles
Citizens Bank Shops & Services
5,642 visits/mo 0.1 miles
Sunoco Shops & Services
5,159 visits/mo 0.5 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

$15.32 /SF/Yr
Avg Asking Price
$5.35–$32.73 /SF/Yr
Price Range
4,355 SF
Avg Space Size

This space is priced 4% above the average of $15.32 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Retail space with multiple customer-facing entrances and dedicated signage along Woodward Avenue.
Where is this storefront property located?
The property is located at 6540 Woodward Ave Detroit, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Two storefront areas front Woodward Avenue; Additional rear space with a dedicated Woodward Avenue entrance; Separate signage serving the additional space
More about this property
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