This Retail Property is Off-Market.

31157 Woodward Ave
Royal Oak, MI 48073 ·

Retail For Lease

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2ac BTS National Retailer (2 mi: 60k pop, 70k inc)

Rental Rate N/A Building Size 30,373 SF
Min. Divisible 7,000 SF Lot Size 2 AC
Max. Contiguous 50,000 SF Traffic Count 67,000
Property Type Retail Cross Streets 13 Mile & Woodward Ave
Property Sub-type
Retail Pad
More...
  • Free Standing Bldg
  • Community Center
  • Power Center
Zoning Description Gen Bus
Listing ID: 13795070 Date Created: 10/23/2003 Last Updated: 08/28/2005

Description

2 acres Build To Suit opportunity. Only National Retailers considered. Owner will build a big box 25-35,000 ft on a prime site in dense Metro Detroit. or retrofit current building which is 30,373 ft and housed the #3 grossing F&M Pharmacy before the chain pulled the plug on all 77 stores. Currently has 250 Parking spots, In and Out Vestibule electric doors, 1 grade dock, and 1 below grade dock. 13' ceiling clearance, selling area is 25k ft of free-span space.

North West Corner of 13 Mile and Woodward Ave. Next to rumured #1 Starbucks Coffee, and #1 Walgreens in Metro Detroit. Within 1/2 mile to Kroger, Rite-Aid, Office Depot, Art-Van Furniture, Dunhams, Party City, Pier 1, Hawthorne, caribou coffee, and Kinkos. 67,000 vehicles per day on Woodward Ave (M-1) which happens to be a scenic bi-way. 60,000+ people within 2 miles. 300,000+ people within 5 miles. $70,000+ Avg Income as far out as 5 miles in every direction.

Highlights

  • 2 ACRE IN-FILL SITE!
  • No similar opportunity in this established area
  • For the last 12+ years was the #3 grossing F&M Pharmacy out of 77
  • Existing building has 25,000 ft of free span selling area
  • 250 Parking Spots
  • HVAC and Roof are in excellent shape

Research

31157 Woodward Ave, Royal Oak, MI 48073 (Oakland County)

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