Building Details

Building Size 6,424 SF

Tenancy Multiple

Spaces For Lease

at 31501 Joy Rd Contact us

Available Suite 1

Size

6,424 SF

Type

Retail

Availability

Active

Contact us

Listing Agency: Colliers - Royal Oak/Detroit, Michigan l***@colliers.com Show Phone

Listed By: Lou Frango · License #MI 6501235287

Source: Crexi

Added: Apr 17, 2019 Changed: Aug 19 Last Checked: Aug 20 at 1:15PM

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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 is available for lease as retail space in Westland, Michigan.

Key Highlights

• For Lease

Property Analytics

Property Profile

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy CVS Pharmacy Pharmacy MoneyGram Bank Coinhub Bitcoin ATM ... Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Dental Office

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

Location Intelligence

Trade Area within ½ mile

206

Businesses Nearby

81k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 50% Dining 43% Groceries 7%

McDonald's Dining

29,148 visits/mo 0.1 miles

BP Shops & Services

11,328 visits/mo 0.0 miles

7-Eleven Shops & Services

9,999 visits/mo 0.1 miles

Dollar Tree Shops & Services

9,289 visits/mo 0.4 miles

Shell Shops & Services

8,672 visits/mo 0.5 miles

Demographics for 48185, MI

49,730

Population

23,554

Households

2.1

Avg Household Size

40

Median Age

23%

College-Educated

91%

High-School Grad

12.2 sq mi

ZIP Area

4,076

Density / Sq Mi

$59,085

Median Household Income

$40,435

Median Earnings

$1,123

Median Rent

$183,500

Median Home Value

Market

Lease Benchmarks for Westland, MI

$14.97 /SF/Yr

Avg Asking Price

$4.6–$33 /SF/Yr

Price Range

25,632 SF

Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Westland, Michigan.

Where is this retail space located?

The property is located at 31501 Joy Rd Westland, MI.

What are key features of this property?

This property features: For Lease