This listing is under contract.

1,000 SF Retail on Woodward Ave in Royal Oak

28142 Woodward Ave Woodward Avenue Royal Oak, MI 48067

Royal Oak
UNDER CONTRACT FOR LEASE NNN Property
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Aug 24, 2026

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$22.00/SF/YR, NNN Completely renovated exterior. Excellent opportunity on highly sought after northbound Woodward corridor with heavy daytime traffic. Zoned B-1 General Business allows for a wide variety of uses. Location provides easy ingress and egress. 29 shared parking spaces along front and side as well as 2 private spaces in rear of building.


Additional URLs

Map of 28142 Woodward Ave Woodward Avenue , Royal Oak, MI, 48067

Presented by:
Forward Commercial Group

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Emil Cherkasov


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.