Retail
For Lease
$12 SF/Yr
7938 W Vernor Highway, Detroit, MI 48209
A 4,000-square-foot unit is available for lease in a retail setting.
Space SizeContact for details
Property Size4,000 SF
Days on Market8
Property Features for 7938 W Vernor Highway
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Retail
Zoning
B4
Additional Details
Space Use
Retail
Building Details
Building Size
4,000 SF
Year Built
1970
Stories
1
Tenancy
Multi-Tenant
Listing Agency:
Signature Associates - Southfield
Listed By:
Joe Stack
(248) 359-0615
Source:
Cpix.resimplifi
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 16 at 5:58AM
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 Signature Associates - Southfield
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Investment Insights
Based on property information with market context.
This retail space offers 4,000 square feet within a building constructed in 1970. The property is zoned B4 and is available for rent.
Key Highlights
- 4,000 square feet of retail space
- B4 zoning
- Building constructed in 1970
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
672
Businesses Nearby
20k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Sunoco
Shops & Services
10,400 visits/mo
0.2 miles
Mobil
Shops & Services
4,688 visits/mo
0.4 miles
Sunoco
Shops & Services
4,282 visits/mo
0.4 miles
Krispy Krunchy Chicken
Dining
994 visits/mo
0.4 miles
Demographics for 48209, MI
27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Detroit, MI
$18.16 /SF/Yr
Avg Asking Price
$5.35–$100 /SF/Yr
Price Range
12,993 SF
Avg Space Size
This space is priced 34% below the average of $18.16 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Retail space - A 4,000-square-foot unit is available for lease in a retail setting.
Where is this retail space located?
The property is located at 7938 W Vernor Highway Detroit, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 4,000 square feet of retail space; B4 zoning; Building constructed in 1970
