1,000 SF Retail on Woodward Ave in Royal Oak

28142 Woodward Ave Woodward Avenue Royal Oak, MI 48067

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

Cap Rate:
0.00%
Last Verified:
Jun 10, 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.


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

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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.