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Retail Space for Lease
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3151-3177 E Jefferson Avenue, Detroit, MI 48207

Retail space available for lease in Detroit, Michigan.

Space Size2,310 SF
Days on Market916

Property Features for 3151-3177 E Jefferson Avenue

General Information

Standard status Active
Size 2,310 SF
Total Parking Spaces 71
Property subtype Retail
Lease Type Modified Gross

Building Details

Building Size 2,310 SF
Year Built 1998
Tenancy Multiple

Spaces For Lease

at 3151-3177 E Jefferson Avenue Contact us

Suite C

Size
2,310 SF
Type
Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Colliers - Royal Oak/Detroit, Michigan
Listed By: Ben Rosenzweig · License #MI
Source: Crexi
Added: Feb 19, 2024 Changed: Aug 16 Last Checked: Aug 22 at 6:28AM

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 property offers retail space for lease and is located at Detroit, Michigan. The property is suitable for commercial real estate purposes.

Key Highlights

  • Year Built: 1998

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Daycare Center HVAC Service Kitchen & Bath Showroom Electrical Service Hair Salon

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
$4.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

964
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 61% Dining 16% Groceries 12% Electronics 5%
BP Shops & Services
16,443 visits/mo 0.3 miles
Dollar Tree Shops & Services
14,548 visits/mo 0.2 miles
Gordon Food Service Groceries
11,680 visits/mo 0.2 miles
7-Eleven Shops & Services
10,036 visits/mo 0.3 miles
Shell Shops & Services
7,062 visits/mo 0.5 miles

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 SF
Avg Space Size

This space is priced 90% above the average of $15.29 /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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease in Detroit, Michigan.
Where is this retail space located?
The property is located at 3151-3177 E Jefferson Avenue Detroit, MI.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Year Built: 1998
(248) 752-3762 Call to check price and availability
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