Retail Space in Gateway
For Lease
Contact for pricing
20404 Woodward Ave, Detroit, MI 48203
Retail space in a busy shopping center with high visibility.
Space Size4,286 SF
Days on Market670
Property Features for 20404 Woodward Ave
General Information
Standard status
Active
Size
4,286 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
4,286 SF
Tenancy
Single
Spaces For Lease
at 20404 Woodward Ave Contact us- Size
- 4,286 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Insite Commercial
(248) 359-9000
Listed By:
Mojahed Abubars · License #6506046863
Source:
Crexi
Added: Oct 10, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:19AM
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 Insite Commercial
Investment Insights
Based on property information with market context.
The property is located in the outlot of the Gateway Marketplace shopping center, which features 340,000 square feet of retail space. Current tenants include Meijer, Marshalls, Planet Fitness, and Five Below. The property is situated just north of the new Amazon fulfillment site, formerly the Michigan State Fairgrounds. The building has an upgraded facade and offers excellent visibility on Woodward Avenue.
Key Highlights
- Excellent visibility on Woodward Ave.
- Located in the Gateway Marketplace shopping center.
- Gateway Marketplace includes Meijer, Marshalls, Planet Fitness, and Five Below.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
368
Businesses Nearby
327k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Groceries 31%
Dining 22%
Apparel 13%
Meijer
Groceries
102,458 visits/mo
0.2 miles
Five Below
Shops & Services
30,822 visits/mo
0.0 miles
McDonald's
Dining
30,187 visits/mo
0.1 miles
Marshalls
Apparel
30,146 visits/mo
0.1 miles
Meijer Gas Station
Shops & Services
17,795 visits/mo
0.2 miles
Demographics for 48203, MI
22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value
Market
Lease Benchmarks for Detroit, MI
$14.35 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
13,863 SF
Avg Space Size
This space is priced 2% below the average of $14.35 /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 space in a busy shopping center with high visibility.
Where is this retail space located?
The property is located at 20404 Woodward Ave Detroit, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Excellent visibility on Woodward Ave.; Located in the Gateway Marketplace shopping center.; Gateway Marketplace includes Meijer, Marshalls, Planet Fitness, and Five Below.
