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Detroit Retail Space For Lease
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3444 2nd Ave, Detroit, MI 48201

Retail space available for lease in Detroit, Michigan.

Space Size3,266 SF
Days on Market1082

Property Features for 3444 2nd Ave

General Information

Standard status Active
Size 3,266 SF
Property subtype Retail
Lease Type Gross

Building Details

Building Size 3,266 SF
Tenancy Multiple

Spaces For Lease

at 3444 2nd Ave Contact us

Available Space

Size
3,266 SF
Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Colliers - Royal Oak/Detroit, Michigan
Listed By: Ben Rosenzweig · License #MI
Source: Crexi
Added: Sep 20, 2023 Changed: Aug 13 Last Checked: Aug 30 at 10:35PM

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 Colliers - Royal Oak/Detroit, Michigan

Investment Insights

Based on property information with market context.

This commercial real estate property, identified as a retail space, is available for lease. Located in Detroit, Michigan, the property at 3444 2nd Ave, Detroit, MI 48201, presents an opportunity for businesses seeking a retail location.

Key Highlights

  • For Lease

Property Analytics

Current Use

Heather Hall Apartment Building

Suggested Use

Top Pick Kitchen & Bath Showroom Carpet & Flooring Store HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,679
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 48% Shops & Services 38% Dining 14%
Whole Foods Market Groceries
42,654 visits/mo 0.5 miles
BP Shops & Services
12,434 visits/mo 0.4 miles
Family Dollar Shops & Services
8,588 visits/mo 0.5 miles
Condado Tacos Dining
7,597 visits/mo 0.3 miles
Flagstar Bank Shops & Services
4,885 visits/mo 0.5 miles

Demographics for 48201, MI

14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$16.48 /SF/Yr
Avg Asking Price
$2.85–$38.69 /SF/Yr
Price Range
12,356 SF
Avg Space Size

This space is priced 52% above the average of $16.48 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Retail space available for lease in Detroit, Michigan.
Where is this retail property located?
The property is located at 3444 2nd Ave Detroit, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: For Lease
(248) 752-3762 Call to check price and availability
More about this property
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