Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    13427 Schaefer Hwy Detroit, MI 48227

    Sponsored
    For Lease
    $15 SF/Yr ($18,452 /Mo)

    High-traffic retail space, Detroit. Excellent visibility.

    Lot size:
    14,762 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Schaefer Square Plaza offers a prime retail opportunity in a thriving Detroit location. This 14,762 square foot strip center currently has 3,000 square feet of vacant space available for lease. The property boasts a strong tenant mix, including established businesses such as Detroit Kidney Center and Fred's Crab Shack, ensuring high foot traffic and visibility for new tenants. The available space is ideal for a variety of retail uses and presents a unique chance to establish a presence in a busy commercial area. The building's multiple tenancy structure provides a diverse and vibrant atmosphere, attracting a wide range of customers. This is an exceptional opportunity for businesses seeking a well-located, high-traffic retail space in a dynamic commercial environment. The 3,000 square foot space offers significant potential for growth and success, benefiting from the established presence of successful neighboring businesses. The property's location within a bustling commercial district guarantees excellent exposure and accessibility for customers. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a prominent retail space in a desirable Detroit location. The property's strong tenant mix and high foot traffic make it an ideal investment for businesses seeking to expand their reach and increase their market share. Don't miss this chance to become part of a thriving commercial center.

    Property Features for 13427 Schaefer Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,762 SF
    Total Rate
    18452.5

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,000 SF
    Rate per SF
    $15

    HighLights

    • Retail property totaling 14,762 square feet.
    • Multi‑tenant strip center with 3,000 square feet currently available for lease.
    • Located in Schaefer Square Plaza.
    • Existing tenants include Detroit Kidney Center and Fred's Crab Shack.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    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
    -83.17844033
    Latitude
    42.38671758

    Nearby Similar for Lease

    • $6,000 /Mo
      3,919 SF

      Former Bank Building on Five Mile

      Prime commercial space in Redford, suitable for various businesses.
      26095 5 Mile Rd, Redford, MI 48239
      View Details
    • $2,000 /Mo
      2,200 SF

      Detroit Retail Space For Rent

      Retail space in high-demand area with national chains nearby.
      15390 Gratiot Ave, Detroit, MI 48205
      View Details
    • $2,500 /Mo
      2,778 SF

      Redford Industrial Building For Rent

      Spacious 2,778 sq ft industrial building on busy intersection.
      25885 8 Mile Rd, Redford, MI 48240
      View Details
    • $5,900 /Mo
      7,020 SF

      Light Industrial Building on 8 Mile

      Warehouse with renovated office, high ceilings, and heavy-duty crane.
      1521 E Eight Mile Rd, Detroit, MI 48220
      View Details
    • $6,000 /Mo
      13,735 SF

      Detroit Industrial/Commercial Space Available

      Versatile industrial/commercial space for rent in Detroit, Michigan.
      9900 Northlawn St, Detroit, MI 48204
      View Details
    • $1,800 /Mo
      6,288 SF

      Detroit Retail Space For Lease

      Retail spaces available in Detroit with excellent frontage and exposure.
      8866 Greenfield Rd, Detroit, MI 48228
      View Details
    • $1,000 /Mo
      1,400 SF

      Turnkey Salon Opportunity in Detroit

      Salon space with stations, seating, and equipment for rent.
      19430 Van Dyke St, Detroit, MI 48234
      View Details
    • $2,500 /Mo
      6,000 SF

      Detroit Warehouse and Office Space

      Two warehouse units available for lease in Detroit.
      8843 Mark Twain St, Detroit, MI 48228
      View Details
    • $3,000 /Mo
      2,034 SF

      Corktown Commercial Property For Rent

      Prime commercial property in Corktown, perfect for restaurant or store.
      3406 Tillman St, Detroit, MI 48208
      View Details
    • $2,000 /Mo
      1,000 SF

      Detroit Commercial Space for Lease

      Commercial space in vibrant Mexican Town, ideal for various businesses.
      1818 Springwells St, Detroit, MI 48209
      View Details
    • $1,200 /Mo
      1,400 SF

      Turnkey Office Space Available

      Office space with lobby, fireplace, offices, kitchenette, and storage.
      18244 W Mcnichols Rd, Detroit, MI 48219
      View Details
    • $89,900
      1,394 SF

      Retail Opportunity on W. Warren

      Established cell phone retail and repair shop for immediate operation.
      16541 W Warren Ave, Detroit, MI 48228
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space, Detroit. Excellent visibility.
    Where is this neighborhood center located?
    The property is located at 13427 Schaefer Hwy Detroit, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 14,762 square feet.; Multi-tenant strip center with 3,000 square feet currently available for lease.; Located in Schaefer Square Plaza.
    Request Owner's contact information
    13427 Schaefer Hwy Detroit, MI 48227
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13427 Schaefer Hwy
    Detroit, MI 48227
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    13427 Schaefer Hwy Detroit, MI 48227
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.