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    14004-14134 Woodward Ave Highland Park, MI 48203

    Sponsored
    For Lease
    $15 SF/Yr

    Highland Park, MI Retail Space Available

    Lot size:
    122,430 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Model T Plaza, located at 14004-14134 Woodward Avenue in Highland Park, Michigan, presents a prime retail investment opportunity. This 122,430 square foot strip center and free-standing building, built in 1997, sits on a spacious 20-acre lot and offers ample parking with 850 spaces. The property features multiple tenancies, with a significant amount of vacant space totaling 24,200 square feet, ideal for expansion or new businesses. Units are available in sizes ranging from a minimum of 3,400 square feet to a maximum contiguous space of 10,800 square feet, providing flexibility for various retail concepts. The property's Wayne County location (APN: 43-002-04-0001-316) and prominent Woodward Avenue address ensure high visibility and accessibility. This established center offers a chance to capitalize on a strong retail market in a vibrant community. The property's size and layout provide opportunities for a variety of retail uses, from smaller boutiques to larger anchor tenants. With its substantial parking and convenient location, Model T Plaza is poised for continued success. The available space presents a unique opportunity for businesses seeking a high-traffic location in a growing area. Contact us today to learn more about leasing opportunities at this exceptional retail property.

    Property Features for 14004-14134 Woodward Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    122,430 SF
    Total Rate
    162729.88

    Building Details

    Year Built
    1997

    Unit(s) available at that property

    Space
    Unit D
    Size
    10,800 SF
    Rate per SF
    $15
    Space
    Unit A
    Size
    3,400 SF
    Rate per SF
    $15
    Space
    Unit E
    Size
    10,000 SF
    Rate per SF
    $15

    HighLights

    • 3,400 SF of grocery‑anchored retail space available for lease.
    • 10,800 SF former CVS outlot building with drive‑thru available.
    • 10,000 SF of future expansion space on the north endcap.
    • Strong tenant mix including Citi Trends, CSL Plasma, Glory Supermarket, Rainbow, Foot Locker, and Captain Jays’ Fish N Chips.
    • High visibility location on heavily trafficked Woodward Avenue.
    • Highland Park Police station is a tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0963169
    Latitude
    42.4080108

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    FAQs

    What type of property is this?
    Individual retail property - Highland Park, MI Retail Space Available
    Where is this individual retail property located?
    The property is located at 14004-14134 Woodward Ave Highland Park, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 3,400 SF of grocery-anchored retail space available for lease.; 10,800 SF former CVS outlot building with drive-thru available.; 10,000 SF of future expansion space on the north endcap.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14004-14134 Woodward Ave Highland Park, MI 48203
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