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5181 Grand River Ave
20,000 SF of Flex Space Available in Detroit, MI 48208
Highlights
- Exceptional highway access from both I-94 and I-96.
- Core City is one of Detroit's most dynamic neighborhoods with a strong creative culture.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 20,000 SF | Negotiable | $5.00 /SF/YR $0.42 /SF/MO $100,000 /YR $8,333 /MO | Triple Net (NNN) |
5181 Grand River Ave - 1st Floor
Former Save-a-Lot Grocer store available for flex use (retail, warehouse, creative and light industrial.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
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.
SELECT TENANTS AT 5181 Grand River Ave, Detroit, MI 48208
- Tenant
- Description
- US Locations
- Reach
- Check Cashing 2
- Bank
- 1
- -
- MetroPCS
- Wireless Communications
- 12,579
- National
| Tenant | Description | US Locations | Reach |
| Check Cashing 2 | Bank | 1 | - |
| MetroPCS | Wireless Communications | 12,579 | National |
PROPERTY FACTS FOR 5181 Grand River Ave , Detroit, MI 48208
| Center Type | Strip Center | Gross Leasable Area | 23,530 SF |
| Parking | 150 Spaces | Total Land Area | 2.78 AC |
| Center Properties | 1 | Year Built | 1969 |
| Frontage | 600’ on Grand River Ave |
| Center Type | Strip Center |
| Parking | 150 Spaces |
| Center Properties | 1 |
| Frontage | 600’ on Grand River Ave |
| Gross Leasable Area | 23,530 SF |
| Total Land Area | 2.78 AC |
| Year Built | 1969 |
About the Property
Exceptionally well-located building in Detroit's growing Core City neighborhood, featuring nearly 600 feet of Grand River Avenue frontage. The building can be used for retail, creative maker space, industrial and/or warehouse. The M4 Zoning allows for a wide variety of "by-right" uses. Located near the intersection of I-94 and I-96 and less than a 5-minute drive from Henry Ford Hospital's Campus.
Learn More About Renting Flex Space
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5181 Grand River Ave
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