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Retail Space Near Walmart
For Lease
$1,200/Mo

8312 12 MILE Rd, Warren, MI 48093

Retail space for lease with high exposure location.

Space SizeContact for details
Days on Market120

Property Features for 8312 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 24 Changed: Aug 16 Last Checked: Aug 21 at 7:50AM

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 retail space is located directly across from a new Walmart that is scheduled to open. The property offers high exposure on 12 Mile Road and is situated near the GM Tech Center, with convenient access to I-696. Parking is available behind the building, providing easy access. The space is suitable for retail or service-oriented businesses. Different sized units are available for immediate occupancy. The location has a walk score of 58, indicating it is somewhat walkable, and a bike score of 49, indicating it is somewhat bikeable. The area is undergoing new development.

Key Highlights

  • Prime location directly across from the new Walmart
  • High exposure on 12 Mile Road
  • Proximity to the GM Tech Center

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease with high exposure location.
Where is this retail space located?
The property is located at 8312 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: Prime location directly across from the new Walmart; High exposure on 12 Mile Road; Proximity to the GM Tech Center
More about this property
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