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    21613 Eight Mile Rd Detroit, MI 48219

    Sponsored
    For Lease
    $12 SF/Yr ($3,000 /Mo)

    Prime Detroit location, 3,000 sq ft freestanding retail.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 3,000 square foot freestanding retail building is ideally situated at the high-traffic intersection of West 8 Mile Road and Lahser Road in Detroit, Michigan. Currently configured as a Metro by T-Mobile, this single-tenant property presents a fantastic opportunity for a variety of retail businesses. The building offers ample parking with 12 spaces readily available for customers and employees. Its strategic location benefits from exceptional visibility and proximity to a robust concentration of national and local retailers, including Sam's Club, Gardner-White, Family Dollar, McDonald's, Dollar Tree, Subway, CVS, and Popeyes. This ensures high foot traffic and strong brand recognition potential for the new tenant. The entire 3,000 square feet is currently vacant and ready for immediate occupancy. The property is located in Wayne County and offers a turnkey solution for businesses seeking a well-established and highly visible location in a thriving commercial area. This is an excellent opportunity to establish or expand your retail presence in a prime Detroit market. Contact us today to schedule a showing.

    Property Features for 21613 Eight Mile Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Total Rate
    3000

    Unit(s) available at that property

    Space
    Available Space
    Size
    3,000 SF
    Rate per SF
    $12

    HighLights

    • 3,000 SF freestanding retail building available for lease.
    • Located at 21613 W 8 Mile Road, Detroit, MI (8 Mile & Lahser Roads).
    • Strong retail location near Sam's Club, Gardner‑White, and other national retailers.
    • 12 parking spaces on‑site.
    • Wayne County location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freestanding property

    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
    -83.2567234
    Latitude
    42.4430686

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    FAQs

    What type of property is this?
    Individual retail property - Prime Detroit location, 3,000 sq ft freestanding retail.
    Where is this individual retail property located?
    The property is located at 21613 Eight Mile Rd Detroit, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 3,000 SF freestanding retail building available for lease.; Located at 21613 W 8 Mile Road, Detroit, MI (8 Mile & Lahser Roads).; Strong retail location near Sam's Club, Gardner-White, and other national retailers.
    Request Owner's contact information
    21613 Eight Mile Rd Detroit, MI 48219
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    Detroit, MI 48219
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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
    21613 Eight Mile Rd Detroit, MI 48219
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