Retail and Office Space
For Lease
Contact for pricing
148-206 S Wayne Road, Westland, MI 48186
Retail and office units for lease in Westland, Michigan.
Space Size600 SF - 12,546 SF
Property Size29,410 SF
Days on Market1734
Property Features for 148-206 S Wayne Road
General Information
Standard status
Active
Size
600 SF - 12,546 SF
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
29,410 SF
Year Built
1965
Tenancy
Multiple
Spaces For Lease
at 148-206 S Wayne Road Contact us- Size
- 12,546 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
190 Wayne
- Size
- 3,000 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
204 Wayne
- Size
- 600 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
35531 Cherry Hill
Listing Agency:
KJ Commercial
(248) 851-8900
Listed By:
Kevin Jappaya, CCIM · License #6502380656
Source:
Crexi
Added: Nov 9, 2021
Changed: Aug 8
Last Checked: Aug 8 at 11:21AM
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 KJ Commercial
Investment Insights
Based on property information with market context.
Three units are available, ranging in size from 600 to 12,546 square feet. The property is located at the southwest corner of Wayne Road and Cherry Hill Road in Westland, MI. Pylon signage is available on both Wayne and Cherry Hill Roads. A new facade is planned for the building. The location offers multiple points of ingress and egress and excellent visibility at a signalized intersection. The property is surrounded by numerous national, regional, and local tenants. The area has a high population density, with over 252,000 people residing within a 5-mile radius. The intersection is heavily traveled, with over 29,000 vehicles per day on Wayne Road and more than 21,000 vehicles per day on Cherry Hill Road.
Key Highlights
- Excellent visibility at a signalized intersection of Wayne Road and Cherry Hill Road.
- High traffic volume: Over 29,000 VPD on Wayne Road and over 21,000 VPD on Cherry Hill Road.
- High population density: Over 252,000 people within a 5‑mile radius.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
104k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 43%
Groceries 13%
Speedway
Shops & Services
25,448 visits/mo
0.1 miles
Wendy's
Dining
15,013 visits/mo
0.2 miles
Burger King
Dining
14,745 visits/mo
0.1 miles
Aldi
Groceries
13,639 visits/mo
0.4 miles
Bank of America
Shops & Services
8,208 visits/mo
0.1 miles
Demographics for 48186, MI
35,690
Population
14,543
Households
2.5
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
8.3 sq mi
ZIP Area
4,300
Density / Sq Mi
$67,203
Median Household Income
$37,591
Median Earnings
$1,083
Median Rent
$167,600
Median Home Value
Market
Lease Benchmarks for Westland, MI
$14.18 /SF/Yr
Avg Asking Price
$4.6–$33 /SF/Yr
Price Range
19,524 SF
Avg Space Size
This space is priced 15% below the average of $14.18 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail and office units for lease in Westland, Michigan.
Where is this retail space located?
The property is located at 148-206 S Wayne Road Westland, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Excellent visibility at a signalized intersection of Wayne Road and Cherry Hill Road.; High traffic volume: Over 29,000 VPD on Wayne Road and over 21,000 VPD on Cherry Hill Road.; High population density: Over 252,000 people within a 5‑mile radius.
