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Retail Space in Dynamic Town
For Sale
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686-880 East Big Beaver Road, Troy, MI 48083

Located in a desirable Detroit sub-market near Somerset Collection.

Property Size249,446 SF
Days on Market162

Property Features for 686-880 East Big Beaver Road

General Information

Standard status Active
Size 249,446 SF
Property subtype Retail

Building Details

Building Size 249,446 SF

Properties For Sale

at 686-880 East Big Beaver Road Contact us

Hair Salon Space

Size
2,013 SF
Term
Negotiable
Contact us
Listing Agency: Mid America Real Estate - Michigan Inc
Listed By: Eric Unatin
Source: Midamericagrp
Added: Mar 7 Changed: Aug 8 Last Checked: Aug 8 at 6:43AM

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 Mid America Real Estate - Michigan Inc

Investment Insights

Based on property information with market context.

This retail space is situated in a dynamic town center at the southwest corner of Big Beaver and Rochester Roads, within a desirable sub-market of northwest Detroit. The location benefits from a stable residential base and a large business community. The presence of REI and Nordstrom provides a regional draw unique to the market. A street-side retail district has been created, featuring new restaurants and service uses within the recently added 27,000 square feet of gross leasable area (GLA). The property is located within the Somerset Collection trade area, which is a top-performing regional mall in Michigan. Troy, one of the largest cities in Oakland County, has a population exceeding 94,000 and an average household income of $123,115 within a 3-mile radius. The city contains over 40 million square feet of retail, office, and industrial space combined, along with over 2,300 first-class hotel rooms. Troy high schools are ranked in the top 4% for performance among U.S. high schools. A second-generation hair salon space is available for lease.

Key Highlights

  • Strategic location at the southwest corner of Big Beaver and Rochester Roads in a desirable sub‑market.
  • Anchored by REI and Nordstrom, providing a unique regional draw.
  • Located within the Somerset Collection trade area, the top‑performing regional mall in Michigan.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Barber Shop Grocery & Convenience Store Bakery Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,154
Businesses Nearby
278k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 42% Apparel 28% Shops & Services 11% Groceries 8%
Nordstrom Rack Apparel
42,798 visits/mo 0.2 miles
McDonald's Dining
23,675 visits/mo 0.4 miles
Fresh Thyme Market Groceries
21,977 visits/mo 0.3 miles
Burger King Dining
16,517 visits/mo 0.3 miles
REI Apparel
16,113 visits/mo 0.2 miles

Demographics for 48083, MI

24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
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?
Retail space - Located in a desirable Detroit sub-market near Somerset Collection.
Where is this retail space located?
The property is located at 686-880 East Big Beaver Road Troy, MI.
What are key features of this property?
This property features: Strategic location at the southwest corner of Big Beaver and Rochester Roads in a desirable sub‑market.; Anchored by REI and Nordstrom, providing a unique regional draw.; Located within the Somerset Collection trade area, the top‑performing regional mall in Michigan.
More about this property
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