3663 Woodward Ave Detroit, MI 48201
For Lease
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This Class A, 158,787 square foot retail building, situated on 1.25 acres in Detroit's Midtown, offers a unique investment opportunity. Built in 1996 and meticulously maintained, including a 2019 lobby renovation, the five-story building boasts modern, efficient floor plates, allowing for maximum leasing or redevelopment flexibility. The property features high-end finishes and an inspired appearance, with excellent proximity to amenities, including the Q-Line light rail, freeways, and bus routes. The location offers access to education, entertainment, medical services, theater, arts, and dining, further enhanced by its proximity to the Detroit Symphony Orchestra, Little Caesars Arena, and a Whole Foods Market. Currently nearly vacant, this "blank-slate" opportunity allows for creative uses, including office, medical office leasing, or conversion to residential or multi-story retail. The building includes two separate DTE electrical feeds for power redundancy and 540 connected, covered parking spaces (3.3 spaces per 1000 square feet). A tenant on the fifth floor may consider early lease termination to accommodate future users or redevelopment. The second, third, and fourth floors are available for lease in their entirety, while the ground floor offers a mix of office and retail leasing opportunities. Located at 3663 Woodward Avenue, Wayne County, MI 48201, this unpriced asset presents a distinctive investment in a thriving district.
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Henry Douglas E MD Physician
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Michigan Engineering Zone College
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Stockton David W MD Physician
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Morrey's Contracting General Contractor
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Curtis Munirah A MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PD · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.