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Retail Space Near New Wal-Mart
For Lease
$1,200/Mo

8296 E 12 Mile Rd, Warren, MI 48093

Retail space with easy access and ample parking.

Space SizeContact for details
Days on Market122

Property Features for 8296 E 12 Mile Rd

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1976
Listing Agency: RE/MAX First
Listed By: John A. Demske · License #6501316265
Source: Elliman
Added: Apr 22 Changed: Aug 10 Last Checked: Aug 21 at 12:00PM

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 RE/MAX First

Investment Insights

Based on property information with market context.

This property is suitable for retail or service-oriented businesses. It is located directly across from a new Wal-Mart complex scheduled to open in 2015. The location provides easy access to 696. A good amount of parking is available in the back.

Key Highlights

  • Directly across from the new Wal‑Mart complex (opening 2015)
  • Great for retail or services
  • Easy access to 696

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Building Supply Big Box & Wholesale Store Electrical Service HVAC Service

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

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 31%
Huntington Bank Shops & Services
7,483 visits/mo 0.5 miles
Jimmy John's Dining
3,353 visits/mo 0.5 miles

Demographics for 48093, MI

24,780
Population
10,480
Households
2.4
Avg Household Size
43
Median Age
26%
College-Educated
91%
High-School Grad
5.9 sq mi
ZIP Area
4,200
Density / Sq Mi
$66,420
Median Household Income
$42,685
Median Earnings
$1,123
Median Rent
$197,100
Median Home Value

Market

Lease Benchmarks for Warren, MI

$17.5 /SF/Yr
Avg Asking Price
$15.16–$25 /SF/Yr
Price Range
4,899 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with easy access and ample parking.
Where is this retail space located?
The property is located at 8296 E 12 Mile Rd Warren, MI.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Directly across from the new Wal‑Mart complex (opening 2015); Great for retail or services; Easy access to 696
More about this property
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