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    14309-14365 Livernois Ave Detroit, MI 48238

    Sponsored
    For Lease
    $11 SF/Yr

    Prime Retail Space, Wayne County, 5 Units Available

    Lot size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Merchant Row Commons offers exceptional retail opportunities in a thriving Wayne County location. This 35,000 square foot, single-story shopping center enjoys high foot traffic and a strong tenant mix, including established names like Family Dollar, Check 'N Go, Subway, and Fifth Third Bank. Five spaces are currently available, ranging from 1,294 to 4,580 contiguous square feet, with a total of 11,155 square feet of vacant space ready for immediate occupancy. The center's existing tenants create a synergistic environment, attracting a consistent flow of customers. A newly available white box unit provides a blank canvas for customization, allowing businesses to create their ideal retail space. The owner is highly motivated to lease, presenting a compelling opportunity for businesses seeking a prime location within a successful shopping center. This is an ideal location for businesses looking to capitalize on the existing high foot traffic and established customer base. The available spaces offer flexibility for a variety of retail concepts, ensuring a strong return on investment. Don't miss this chance to establish your business in a vibrant and successful retail environment.

    Property Features for 14309-14365 Livernois Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,000 SF
    Total Rate
    34387.5

    Building Details

    Stories
    12

    Unit(s) available at that property

    Space
    1st Floor Ste 14345
    Size
    1,829 SF
    Rate per SF
    $16
    Space
    1st Floor Ste 14351
    Size
    1,602 SF
    Rate per SF
    $16
    Space
    1st Floor Ste 14341
    Size
    1,850 SF
    Rate per SF
    $16
    Space
    1st Floor Ste 14353
    Size
    4,580 SF
    Rate per SF
    $11
    Space
    1st Floor Ste 14331
    Size
    1,294 SF
    Rate per SF
    $18

    HighLights

    • Retail property totaling 35,000 square feet.
    • Multiple tenancy with 5 spaces available, ranging from 1,294 to 4,580 square feet.
    • 11,155 square feet of vacant space available.
    • Located in Wayne County.
    • Strong tenant mix including Family Dollar, Check 'N Go, Subway, and Fifth Third Bank.
    • Features newly built‑out white box units and high foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1410696
    Latitude
    42.3926521

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, Wayne County, 5 Units Available
    Where is this lifestyle center located?
    The property is located at 14309-14365 Livernois Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $11-$18 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 35,000 square feet.; Multiple tenancy with 5 spaces available, ranging from 1,294 to 4,580 square feet.; 11,155 square feet of vacant space available.
    Request Owner's contact information
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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
    14309-14365 Livernois Ave Detroit, MI 48238
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