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Normandy Plaza 31901-31991 Woodward Ave 1,100 SF of Retail Space Available in Royal Oak, MI 48073
Highlights
- PUD zoning allows for restaurant use
- Open floor plan with exposed high ceilings
- Pulls from strong area demographics
- Excellent co-tenancy in predominant center
- High visibility monument signage on Woodward Ave
- In-line space with ample parking on Woodward Ave
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,100 SF | Negotiable | $61.78 CAD/SF/YR $5.15 CAD/SF/MO $67,954 CAD/YR $5,663 CAD/MO | TBD |
31901-31991 Woodward Ave - 1st Floor
Prime opportunity on Woodward Ave in Royal Oak. Just over 1,000 SF available in building with strong national co-tenancy mix. Ample parking. Strong traffic counts and area demographics.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Prime retial opportunity on Woodward Ave
- Open floor plan
- Ample parking at center
- High visibilty signage on Woodward Ave
- PUD zoning
- Strong area demographics
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.
Site Plan
Select Tenants at Normandy Plaza
- Tenant
- Description
- US Locations
- Reach
- Men's Wearhouse
- Men's Apparel
- 829
- National
- Potbelly
- Sub Sandwich
- 535
- International
- Starbucks
- Coffee
- 21,501
- International
- Verizon
- Wireless Communications
- 8,064
- International
| Tenant | Description | US Locations | Reach |
| Men's Wearhouse | Men's Apparel | 829 | National |
| Potbelly | Sub Sandwich | 535 | International |
| Starbucks | Coffee | 21,501 | International |
| Verizon | Wireless Communications | 8,064 | International |
Property Facts
| Total Space Available | 1,100 SF | Gross Leasable Area | 23,217 SF |
| Center Type | Strip Center | Total Land Area | 2.20 AC |
| Parking | 118 Spaces | Year Built | 2005 |
| Center Properties | 3 | Cross Streets | Normandy Ave |
| Frontage | 585’ on Woodward Ave |
| Total Space Available | 1,100 SF |
| Center Type | Strip Center |
| Parking | 118 Spaces |
| Center Properties | 3 |
| Frontage | 585’ on Woodward Ave |
| Gross Leasable Area | 23,217 SF |
| Total Land Area | 2.20 AC |
| Year Built | 2005 |
| Cross Streets | Normandy Ave |
About the Property
Rare Opportunity on Woodward! Omaha Steak location ready for new tenant in Normandy Plaza. Plaza with major retail co-tenants including Potbelly, Starbucks, Men's Wearhouse and Verizon. High traffic and strong area demographics.
- 24 Hour Access
- Freeway Visibility
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Storage Space
- Monument Signage
- Air Conditioning
Nearby Major Retailers
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Normandy Plaza | 31901-31991 Woodward Ave
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