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    25090 Woodward Ave Royal Oak, MI 48067

    Sponsored
    For Lease
    Contact for pricing

    Modern Royal Oak retail, 2 spaces available.

    Lot size:
    5,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    The Griffin offers exceptional retail space in the vibrant city of Royal Oak, Michigan. This brand-new, 2021-built, mixed-use development is strategically located at the northeast corner of Woodward Avenue and I-696, providing unparalleled visibility and accessibility. The building features 5,150 square feet of available retail space, divisible into units ranging from a minimum of 2,150 square feet to a maximum contiguous space of 3,000 square feet. Currently, the entire 5,150 square feet is vacant, presenting a unique opportunity for a single tenant or multiple businesses. The Griffin is part of a larger development that includes 245 luxury apartments, creating a built-in customer base and high foot traffic. Convenient surface parking is available on-site, and the property enjoys excellent proximity to downtown Royal Oak, Woodward Avenue's retail corridor, and major freeways. I-696 is directly accessible, and I-75 is conveniently located less than two miles away. This prime location offers businesses unparalleled exposure and easy access for both employees and customers. Join established businesses like Royal Oak Roast and Body 20 in this thriving mixed-use community. This is an exceptional opportunity to establish or expand your business in a dynamic and highly desirable location.

    Property Features for 25090 Woodward Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,150 SF

    Building Details

    Year Built
    2021

    Unit(s) available at that property

    Space
    Ground Floor Available Space
    Size
    2,150 SF
    Space
    Ground Floor Available Space 1
    Size
    3,000 SF

    HighLights

    • Retail property totaling 5,150 square feet.
    • Currently 100% vacant, divisible into spaces from 2,150 to 3,000 square feet.
    • Modern mixed‑use building constructed in 2021.
    • Located at the highly visible corner of Woodward Avenue and I‑696 in Royal Oak, Oakland County.
    • Offers convenient access to I‑696 and I‑75, with ample surface parking.
    • Walking distance to downtown Royal Oak and Woodward Avenue's retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Griffin Leasing Office Real Estate Agency Tigers Locksmith Locksmith The Griffin Royal Oak Apartment Complex

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Royal Oak
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1455085
    Latitude
    42.4765475

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    FAQs

    What type of property is this?
    Retail property - Modern Royal Oak retail, 2 spaces available.
    Where is this retail property located?
    The property is located at 25090 Woodward Ave Royal Oak, MI.
    What are key features of this property?
    This property features: Retail property totaling 5,150 square feet.; Currently 100% vacant, divisible into spaces from 2,150 to 3,000 square feet.; Modern mixed-use building constructed in 2021.
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    Royal Oak, MI 48067
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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
    25090 Woodward Ave Royal Oak, MI 48067
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