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Lease/Sale

501 S Washington Ave

501 S Washington Ave
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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