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28720 Stephenson Hwy

Madison Heights, MI
Floors
1
Total Size
15,900 sqft
Zoning
B-3; GENERAL BUSINESS
Year Constructed
1956
Year Renovated
0
Building Class

About 28720 Stephenson Hwy

This 15,900 build sits on the southeast corner of Stephenson Hwy. and 12 Mile Rd. The building is divided into two suites: the larger of the two (13,500 SF) was formally a bingo hall and the other (2,400 SF) suite has been vacant. The building has 160 parking spaces. A high daytime population and access from both 12 Mile & Stephenson Hwy. make this property a great buy or a good space to lease for retail users. - Area description: SEC Stephenson Hwy. & 12 Mile Rd. 28720 & 28726 Stephenson Hwy., Madison Heights, MI - Number of buildings: 1 - Tenancy: Multiple Tenants

Internet Providers for 28720 Stephenson Hwy

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
WOW! Internet, Cable and Phone Cable
100 Mb/s
6 Mb/s
Iserv DSL
10 Mb/s
768 kbps
MegaPath Corporation DSL
6 Mb/s
768 kbps
AT&T Michigan DSL
3 Mb/s
768 kbps

The City: Royal Oak

On average, listings lease in the $30's per square foot per year. The Royal Oak submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 14% decrease in rent.

Compared to the rest of the Metro Detroit market, the Royal Oak region has higher rates, and you'll need to pay a premium to be in this hot region.

Median Rate Median Size
Royal Oak $33
/sqft/yr
10,000
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,520
sqft

Median Rate over Time in Royal Oak