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    15510 Joy Rd Detroit, MI 48228

    For Lease
    Contact for pricing

    High-traffic Detroit retail space available.

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity presents itself at the Joyland Shopping Center, a vibrant strip center located at 15510 Joy Road, Detroit, MI 48228. Boasting a prime corner location at the intersection of Joy Road and Greenfield Road, this property offers unparalleled visibility and accessibility. The center comprises a total of 20,000 square feet of retail space, with multiple tenancies currently occupied by established businesses including US Quality Super Market, CNS Healthcare, and Furniture King, ensuring a strong and diverse tenant mix. Currently, there are two available spaces, offering flexible sizes ranging from 2,500 to 5,000 square feet, with a potential combined total of up to 7,500 square feet. This presents a unique chance for businesses seeking high-traffic exposure in a well-established shopping center. The property's strategic location in Detroit, Michigan, provides easy access to a large customer base and benefits from significant foot traffic and vehicular visibility. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving commercial area. The available space is adaptable to a variety of retail uses, making it a versatile option for prospective tenants. Contact us today to learn more about this exciting opportunity.

    Property Features for 15510 Joy Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    Available space 2
    Size
    2,500 SF
    Space
    Available Space 5
    Size
    5,000 SF

    HighLights

    • Price is negotiable.
    • Retail space available.
    • 20,000 square foot building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Furniture King Furniture Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1977832
    Latitude
    42.3596106

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic Detroit retail space available.
    Where is this neighborhood center located?
    The property is located at 15510 Joy Rd Detroit, MI.
    What are key features of this property?
    This property features: Price is negotiable.; Retail space available.; 20,000 square foot building.
    Request Owner's contact information
    15510 Joy Rd Detroit, MI 48228
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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
    15510 Joy Rd Detroit, MI 48228
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