For Lease
$20/SF/YR

3663 Woodward Ave Detroit, MI 48201

158,787 SF Retail Space Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
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.

Highlights

  • Class A, 158,787 SF retail building on 1.25 acres in Detroit's Midtown.
  • Five-story building, built in 1996, with a 2019 lobby renovation.
  • Modern floor plates offer flexibility for leasing or redevelopment.
  • Excellent location near Q-Line, freeways, and amenities including the Detroit Symphony Orchestra and Little Caesars Arena.
  • Nearly vacant, allowing for creative uses such as office, medical, residential, or multi-story retail.
  • Features 540 covered parking spaces (3.3/1000 SF) and two DTE electrical feeds.

Property Details for 3663 Woodward Ave

Property type
Retail properties
RSF (Rentable sq. ft)
158,787 SF
Class
A
Year Built
1996

Unit(s) available at that property

Space
Available space
Size
158,787 SF
Rate per SF
$20

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3479698
Longitude
-83.0585803

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FAQs

What type of property is this?
Retail property - 158,787 SF Retail Space Available
Where is the retail property located?
The property is located at 3663 Woodward Ave Detroit, MI.
What is the lease rate?
The lease rate is $20/SF/YR.
What are key features of this property?
This property features: Class A, 158,787 SF retail building on 1.25 acres in Detroit's Midtown.; Five-story building, built in 1996, with a 2019 lobby renovation.; Modern floor plates offer flexibility for leasing or redevelopment.
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?
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Contacts

Brendan George
Brendan George
Jasper Hanifi
Jasper Hanifi
David Hesano
David Hesano
Visit Broker Website

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Woodward Ave
Detroit, MI 48201

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Woodward Ave
Detroit, MI 48201

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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.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3663 Woodward Ave
  • Brendan George
    Brendan George
  • Jasper Hanifi
    Jasper Hanifi
  • David Hesano
    David Hesano
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