1371 Eight Mile Road

Detroit, MI 48203

Listing ID: 197537

$30.00 (SF / Year)

For Lease

Property Type Retail : Shopping Center
Unit Sq Ft 3,434
Annual Rate/Sq Ft $30.00
Monthly Price $8,585.00
Service Type NNN

1371 Eight Mile Road Detroit, MI 48203 - main image

Description

Description
Come join an assortment of diverse tenants at Gateway Marketplace, a busy and highly trafficked shopping center at 8 Mile and Woodward Avenue. This center is a community hub to the Detroit/Ferndale community and was the recipient of the CREW Detroit Impact Award in 2014. There is currently a 3,500 SF white-box space available for lease in a former Payless Shoes. This space is located between Marshalls and Meijer and has excellent foot traffic.
Highlights
1,200 Amazon jobs coming next door
3,500 SF retail
High-traffic center
Located in between Meijer and Marshalls
New bus terminal on site
Professionally managed by Redico

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		16,837	155,706	405,727
Population Median Age		41	39	39
Population by Age	0-9 Yrs	1528 (9%)	16250 (10%)	46851 (11%)
	10-19 Yrs	1506 (8%)	18433 (11%)	47923 (11%)
	20-29 Yrs	3016 (17%)	25852 (16%)	64327 (15%)
	30-39 Yrs	2574 (15%)	21511 (13%)	53860 (13%)
	40-49 Yrs	1954 (11%)	19211 (12%)	49961 (12%)
	50-59 Yrs	2528 (15%)	20512 (13%)	53834 (13%)
	60-69 Yrs	1900 (11%)	17428 (11%)	46597 (11%)
	70+ Yrs	1831 (10%)	16510 (10%)	42374 (10%)

Median HH Income		$51,858	$48,307	$44,332
Total Household Income	< 24K	1774 (23%)	17293 (26%)	50766 (30%)
	25-49K	1978 (25%)	16296 (24%)	41100 (24%)
	50-74K	1244 (16%)	10882 (16%)	27690 (16%)
	75-99K	1049 (13%)	7566 (11%)	17451 (10%)
	100-199K	1463 (18%)	10761 (16%)	24993 (14%)
	200K+	200 (2%)	2514 (3%)	5779 (3%)

Highest Education Level	No Diploma	1108	10590	32579
	Diploma or GED	2474	27588	79656
	Some College	3212	29139	70962
	Assoc. Degree	1223	8835	22596
	Bachelors Degree	2779	20204	46655
	Higher Degree	1828	13401	29882

Total Housing Units		8,717	77,440	207,877
--Owner-Occupied		5,235	40,488	100,359
--Renter-Occupied		2,474	24,823	67,420
Owner-Occupied Values	< 100K	2076	19143	49650
	100-199K	2037	11993	29010
	200-299K	897	4896	12693
	300-399K	133	2208	4823
	400-499K	48	1021	1762
	500K+	44	1227	2420

Total Working Age Population		14,453	128,770	330,367
In Work Force		9,596	81,021	198,756
Not In Work Force		4,857	47,749	131,611
Workforce Employed		8,860	72,841	177,907
Workforce Unemployed		736	8,114	20,728
Civlian Workforce		9,596	80,955	198,635
Military Workforce		0	66	121

Total Households		7,709	65,312	167,779
Family Households		3,612	34,412	91,416
Non-Family Households		4,097	30,900	76,363
Married Couple		1,930	17,742	46,854
Other Family		1,682	16,670	44,561
Married w/Child		706	5,895	16,259
Single Male w/Child		141	1,369	3,456
Single Female w/Child		475	5,742	15,977

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Macomb County	788,149	+7	840,978	+5	883,020	+6	933,965
Oakland County	1,194,156	+1	1,202,362	+5	1,264,515	+7	1,350,052
Wayne County	2,061,162	-12	1,820,584	-4	1,741,463	-1	1,730,000

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

Listing Agent

Levi Smith

P. A. Commercial

248-331-0205 (office)

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