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Lease/Sale
501 S Washington Ave
501 S Washington Ave
Royal Oak, Michigan
Royal Oak, Michigan
eCode:761
Property Type
Freestanding
Date Available
Q3 (July 2023)
Sales Price
Contact Broker
Rent
Ground Level: $25.00/SF NNN
Lower Level: $10.00/SF NNN
NNN Expense
$3.50/SF
Building Size
Ground Level: 3,465 SF
Lower Level: 3,465 SF
Available Space
6,930 SF
Traffic Count
S Washington Ave (±11K CPD)
5th Ave (±2K CPD)
Highlights
- Highly visible corner building currently designed for a full-service hair salon complete with manicure/ pedicure chairs and massage room.
- Floor to ceiling glass windows with contemporary interior design.
- Signage available on Washington Ave and 5th St.
- Street and structure parking.
- Located in close proximity to many dining, retail and entertainment establishments.
- This property benefits from high-foot traffic in the heart of southeast Michigan’s most walkable community.
- Royal Oak is Metro Detroit’s most central location, minutes away from I-696, I-75 & M-1.
| Radius | 1 Mile | 3 Mile | 5 Mile |
| Population Density | 17,089 | 142,080 | 356,950 |
| Household Income | $161,113 | $128,171 | $109,244 |
| Daytime Pop | 11,070 | 55,193 | 197,220 |
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Unit 1: 924 SF
Unit 2: 937 SF
Unit 3: 1,416 SF
Unit 4: 1,685 SF
*Can be combined to 4,038 SF