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32782 Woodward Ave

Royal Oak, MI
Floors
1
Total Size
12,100 sqft
Zoning
COMMERCIAL
Year Constructed
1946
Year Renovated
0
Building Class

About 32782 Woodward Ave

A quality 12,100 square foot property located in a highly visible and high traffic location. The property consists of three tenants located on the Woodward Avenue Corridor which supports 350 businesses on a four mile stretch. Traffic count approximates 80,000 vehicles per day.• High Visibilty• Exceptionally High Traffic Count• Centrally Located• Higher Income/Upscale Area• Motivated Owner - Area description: Royal Oak is in the heart of the Detroit Metropolitan area - just north of the city. There is easy access to all major freeways from I-696, I-75 and I-96 including the major Detroit area thoroughfare - Woodward Avenue. More than 2400 businesses and organizations have established businesses in Royal Oak. Key employers include William Beaumont Hospital, Masco Tech Forming Technologies, Hawthorne Production Stamping Division, Consumers Power Company and Detroit Edison. The property is located immediately south of the cities of Birmingham and Bloomfield Hills - very upscale and high income communities. Average household income surrounding the property exceeds $100,000.

Internet Providers for 32782 Woodward Ave

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
AT&T Michigan DSL
25 Mb/s
3 Mb/s
MegaPath Corporation DSL
25 Mb/s
25 Mb/s
Iserv DSL
10 Mb/s
768 kbps
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s

The City: Royal Oak

On average, listings lease in the $30's per square foot per year. The Royal Oak submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 59% increase in rent.

Compared to the rest of the Metro Detroit market, the Royal Oak submarket has higher rates, and you'll need to make a great offer 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