For Lease
$156/SF/YR

20500 Greenfield RdDetroit, MI 48235

Prime Retail Space, High-Volume Location, 2700 sq ft.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 2700-square-foot retail space presents a lucrative business opportunity in a high-traffic area, boasting over 50,000 cars daily. Previously occupied by a pharmacy generating over $400,000 annually, this single-tenant building offers a versatile layout ideal for various uses. The property is conveniently attached to a gas station, ensuring consistent customer flow. The interior features a spacious lobby, two doctor's exam rooms (suitable for adaptation), a comfortable sitting area, and two offices. Computers and past client contact information (from the previous pharmacy) may be available. A substantial work area is secured behind a floor-to-ceiling bulletproof wall. The property is city-approved for restaurant or café use, and possesses the potential for a drive-through addition. Ample parking and driving space are readily available. This turnkey opportunity combines high visibility, established infrastructure, and significant revenue potential in a thriving commercial zone. Don't miss this chance to establish or expand your business in a prime location.

Highlights

  • 2,700 sq. ft. retail building, suitable for restaurant or retail use.
  • Single-tenant occupancy.
  • High-traffic location with over 50,000 cars daily, adjacent to a gas station.
  • Previously operated as a pharmacy generating over $400,000 in annual revenue; includes existing fixtures and client information (transferable).
  • Features a spacious lobby, two exam rooms, offices, and ample workspace.
  • City-approved for restaurant/café use; drive-thru potential.

Property Details for 20500 Greenfield Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
2,700 SF

Unit(s) available at that property

Space
Size
2,700 SF
Rate per SF
$156

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.444324525802
Longitude
-83.20007459955
20500 Greenfield Rd, Detroit, Michigan

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FAQs

What type of property is this?
Retail property - Prime Retail Space, High-Volume Location, 2700 sq ft.
Where is the retail property located?
The property is located at 20500 Greenfield Rd Detroit, MI.
What is the lease rate?
The lease rate is $156/SF/YR.
What are key features of this property?
This property features: 2,700 sq. ft. retail building, suitable for restaurant or retail use.; Single-tenant occupancy.; High-traffic location with over 50,000 cars daily, adjacent to a gas station.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Samar Taha
Samar Taha
Visit Broker Website

Learn more

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Greenfield Rd
Detroit, MI 48235

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Greenfield Rd
Detroit, MI 48235

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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20500 Greenfield Rd
  • Samar Taha
    Samar Taha
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