22031 Woodward Ave

22031 Woodward Ave, Ferndale, MI 48220

Property Information

  • For Sale $2,350,000
  • Property Type Retail
  • Property Size 12,198 SF
  • Lot Size 0.26 Acre
  • Building Class C
  • Year Built 1966
  • Date Updated Mar 23, 2026

Description

The subject property is occupied by Caliber Collision, a national auto body repair company with 1,800+ locations nationwide. This is a corporate guaranteed lease

Average household income within a one-mile radius is $121,248

The lease features very rare 3% annual rent increases which strongly help against inflation

The subject property features prominent frontage on Woodward Avenue, a major commercial thoroughfare with daily traffic counts of approximately 30,000+ vehicles in each direction. With over 60,000 vehicles passing by the site each day, this high-visibility location in Ferndale benefits from consistent exposure and serves as a key commuter route connecting Detroit and the greater metropolitan area

The subject property is in proximity to several dealerships such as Ford, Buick GMC, Subaru, and Honda

Caliber Collision is an e-commerce proof and recession proof tenant

Vacancy rate for this market is less than 4.5%

Contacts

Steven Silverman

Friedman Real Estate

Location

Contact Listing Broker
Steven Silverman

Friedman Real Estate

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