30252 Woodward Ave Royal Oak, MI 48073-0994
- Strip malls
- 13,456 SF
- 1.12 lot acres
Mar 30, 2022
Current Use by Public Records
- Strip malls
Property Details for 30252 Woodward Ave
- Year built
- 2008
- Lot size
- 1.12 lot acres
- Property size
- 13,456 SF
- Zone code
- GEN BUS
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 72-25-08-176-024
- APU
- 722508176024
Description
This exceptional retail and restaurant opportunity is located in the highly desirable Woodwardside Plaza in Royal Oak, Michigan. The property boasts a total of 12,903 square feet, with 3,105 square feet currently available for lease. This space is a second-generation restaurant end-cap, perfectly positioned on Woodward Avenue, a major thoroughfare with a high traffic volume of 64,000 vehicles per day. The plaza benefits from its strategic location within a densely populated residential area, surrounded by over 60,000 homes within a one-mile radius, ensuring a strong customer base. Its proximity to Beaumont Hospital, Michigan's largest Beaumont campus with over 1,100 beds, further enhances its appeal and provides a significant source of potential clientele. The property offers excellent visibility and accessibility, complemented by convenient self-contained parking directly on Woodward Avenue. This prime location presents a unique opportunity for a restaurant operator to establish a thriving business in a vibrant and high-traffic area. The property is designated as a multi-tenant plaza, offering a dynamic and established commercial environment. This is a turnkey opportunity for a restaurant seeking a high-visibility location with ample parking and a strong surrounding demographic. The available space is ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1799
- Latitude
- 42.5123
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA