Retail Space on Neighborhood
For Lease
Contact for pricing
7340 Michigan Ave, Detroit, MI 48210
Retail storefront available for lease with B4 zoning and approximately 5,688 square feet.
Space Size5,688 SF
Days on Market135
Property Features for 7340 Michigan Ave
General Information
Standard status
Active
Size
5,688 SF
Property subtype
Retail
Zoning
B4
Lease Type
NNN
Building Details
Building Size
5,688 SF
Year Built
1937
Tenancy
Single
Spaces For Lease
at 7340 Michigan Ave Contact us- Size
- 5,688 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
TAP CRE LLC
Listed By:
Alan Davidov · License #6505433487
(313) 306-7653
Source:
Crexi
Added: Apr 23
Changed: Aug 14
Last Checked: Sep 1 at 12:21AM
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 TAP CRE LLC
Investment Insights
Based on property information with market context.
7340 Michigan Avenue offers retail space available for sale or lease. The property includes approximately 5,688 square feet and is supported by B4 zoning, with a history of commercial occupancy that fits a range of retail, restaurant, service, community, or owner-user possibilities.
Located on a well-known neighborhood corridor in Southwest Detroit, the site is positioned for day-to-day neighborhood commerce. This configuration is well suited for tenants or owner-users looking for storefront-oriented space within an established commercial area.
Located on a well-known neighborhood corridor in Southwest Detroit, the site is positioned for day-to-day neighborhood commerce. This configuration is well suited for tenants or owner-users looking for storefront-oriented space within an established commercial area.
Key Highlights
- Commercial property at 7340 Michigan Avenue in Southwest Detroit, built in 1937
- Approximately 5,688 SF retail storefront available for lease
- B4 zoning supports retail, restaurant, service, community, or owner‑user possibilities
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.95 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
475
Businesses Nearby
72k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 43%
Electronics 3%
McDonald's
Dining
25,108 visits/mo
0.3 miles
Little Caesars Pizza
Dining
9,680 visits/mo
0.1 miles
Citgo
Shops & Services
8,129 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,405 visits/mo
0.4 miles
Sunoco
Shops & Services
6,073 visits/mo
0.5 miles
Demographics for 48210, MI
27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$16.39 /SF/Yr
Avg Asking Price
$2.85–$35 /SF/Yr
Price Range
13,201 SF
Avg Space Size
This space is priced 21% below the average of $16.39 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail storefront available for lease with B4 zoning and approximately 5,688 square feet.
Where is this retail space located?
The property is located at 7340 Michigan Ave Detroit, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Commercial property at 7340 Michigan Avenue in Southwest Detroit, built in 1937; Approximately 5,688 SF retail storefront available for lease; B4 zoning supports retail, restaurant, service, community, or owner‑user possibilities
