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32315 Grand River Ave 11,736 SF of Retail Space Available in Farmington, MI 48336
Highlights
- Flexible space ideal for retail, medical, fitness, or service oriented users
- Walkable to restaurants, coffee shops, retail amenities, and community events.
- Existing building footprint allows tenants to occupy and customize space without the timeline and expense of new construction
- High-visibility location on Grand River Ave with strong daily traffic counts and prominent signage opportunities
- Access to approximately 100 shared parking spaces through an established parking easement agreement
- Surrounded by affluent residential neighborhoods and an established customer base
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,736 SF | Negotiable | $28.11 CAD/SF/YR $2.34 CAD/SF/MO $329,852 CAD/YR $27,488 CAD/MO | Triple Net (NNN) |
1st Floor
Located along the highly traveled Grand River corridor and within walking distance of Downtown Farmington, 32315 Grand River Avenue offers a rare opportunity to lease a substantial commercial building in one of Metro Detroit's most desirable suburban downtown markets. The 11,736 SF building has 11' ceilings, providing exceptional flexibility for a variety of retail, medical, showroom, fitness, educational, or serviceoriented users seeking a highly visible location with convenient customer access. Formerly occupied by a furniture retailer, the property features an efficient existing footprint that can be adapted to meet a wide range of business needs while minimizing the cost and time associated with new construction. Tenants also benefit from access to approximately 100 shared parking spaces through an established easement agreement, providing ample parking for customers, employees, and visitors.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail 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 | 11,736 SF | Gross Leasable Area | 11,736 SF |
| Property Type | Retail | Year Built/Renovated | 1946/1980 |
| Property Subtype | Freestanding | Parking Ratio | 5.96/1,000 SF |
| Total Space Available | 11,736 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,736 SF |
| Year Built/Renovated | 1946/1980 |
| Parking Ratio | 5.96/1,000 SF |
About the Property
Discover the prime retail opportunity in the heart of the bustling Detroit market. The location at 32315 Grand River Ave, Farmington, MI offers proximity to key attractions such as Twelve Oaks Mall, the largest shopping center in Michigan, attracting millions of visitors annually. A short drive from the property, downtown Detroit boasts an array of cultural hotspots and entertainment venues, including the renowned Fox Theatre and Ford Field. The area also benefits from high traffic volumes along Grand River Avenue, providing excellent visibility and exposure for retail businesses. With a diverse array of retail options and a dynamic local economy, this location presents an exceptional opportunity for retail investors seeking to capitalize on the vibrant Detroit market.
- Air Conditioning
Nearby Major Retailers
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32315 Grand River Ave
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