Rare Freestanding Opportunity

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Rare Freestanding Opportunity

Type: Lease

505 S Lafayette Ave Royal Oak MI Oakland County

Property Type: Freestanding

Date Available: Immediately

Rent: $25.00/SF NNN

Contact Person(s): Anthony J. Vitale
Louis J. Ciotti
& Scott J. Sonenberg

(248) 488-2620

Description:

505 South Lafayette Avenue boasts a premiere Downtown Royal Oak location in close proximity to many dining, retail, and entertainment establishments. The property benefits from onsite parking as well as the South Lafayette parking garage located directly across the street in the heart of southeast Michigan’s most walkable community. Royal Oak is Metro Detroit’s most central location, minutes from I-696, I-75 and M-1 (Woodward Avenue). Please contact us to discuss your specific requirements.

NNN Expense: $5.00/SF

Available Space: 4,000 SF (Potential for Expansion)

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 17,073 148,289 361,381
Avg. HH Income: $130,097 $92,925 $81,809

LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.