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32867 Woodward Ave 1,684 SF of Retail Space Available in Royal Oak, MI 48073
Highlights
- Prominent Woodward Avenue location with exceptional street visibility.
- Building is reported to be in very good condition.
- Positioned within an established retail and commercial corridor.
- Dedicated parking field provides convenient customer access.
- Located near the intersection of Woodward Avenue and 14 Mile Road.
- Benefits from significant traffic counts along surrounding roadways.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,684 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $50,520 /YR $4,210 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,684 SF | Gross Leasable Area | 1,684 SF |
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,684 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,684 SF |
| Year Built | 1946 |
| Parking Ratio | 10/1,000 SF |
About the Property
32867 Woodward Avenue offers a retail leasing opportunity along one of Metro Detroit’s most recognized commercial corridors. Positioned on Woodward Avenue in Royal Oak, the property benefits from direct exposure to substantial daily traffic and convenient access from both Woodward Avenue and nearby 14 Mile Road. The location places tenants within an established retail and service environment surrounded by dense residential neighborhoods and a strong consumer base. The building is in very good condition and features a dedicated parking field with 31 parking spaces, providing customer convenience and operational flexibility. Its visibility along Woodward Avenue supports brand awareness and customer accessibility, making it well suited for retailers, showroom users, service-oriented businesses, and other commercial concepts that benefit from prominent street presence. Royal Oak remains one of Oakland County’s most active commercial markets, known for its established population base, regional accessibility, and proximity to major employment centers throughout Southeast Michigan. The property's position along this heavily traveled corridor creates opportunities to serve both local residents and regional visitors while benefiting from the area's ongoing commercial activity and consumer traffic patterns.
- Bus Line
- Corner Lot
- Signage
Nearby Major Retailers
![[solidcore]](https://images.loopnet.ca/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
