Downtown Detroit
Location
Estimated Gross Rent
$50.00-$75.00 PSF
Description
The Beating Heart of Detroit’s Downtown Revival
Woodward Avenue is the bloodline running through Detroit’s downtown, a pulse of life where retail, culinary options and culture pump a beat and create one of the city’s most attractive urban experiences. Known as one of Detroit’s most important high streets, Woodward Avenue is home to major brands like Shinola, Nike and Lululemon, which reside alongside eclectic dining spots and entertainment venues. This dynamic tenant mix has made Woodward a go-to destination for young professionals, tourists, high-income residents and Detroit’s growing tech and professional workforce.
The Woodward Avenue Experience
Woodward Avenue has long been a central artery in Motor City, tracing its history back to the city’s earliest developments. In the present, this historic street embodies The D’s revival with an engaging mix of flagship stores, revolutionary chefs and varied entertainment options. Visitors can stroll past notable brands like Bonobos, Greyson Clothiers and Warby Parker, which are punctuated by high-energy dining experiences such as The Sugar Factory and Townhouse.
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The Beating Heart of Detroit’s Downtown Revival
Woodward Avenue is the bloodline running through Detroit’s downtown, a pulse of life where retail, culinary options and culture pump a beat and create one of the city’s most attractive urban experiences. Known as one of Detroit’s most important high s
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street Details
Annual foot traffic
500,000 people/year
Daily vehicle traffic
15,000 vehicles/day
Population
25,000 people within
Day time population
35,000 people within
Household income (median)
$75,000.00 annually
Age (average)
> 35 years old within
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Available Spaces
Sample Space 1
1000 SF
Suitable for retail, restaurant, office
Sample Space 2
1500 SF
Suitable for retail, restaurant, office
Sample Space 3
2000 SF
Suitable for retail, restaurant, office
News & Alerts
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Local Experts
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Brokers Active on Downtown Detroit
Other Centers in this Market
Avalon Café and Bakery
1049 Woodward Avenue
Bleu Detroit
Bleu Detroit
1540 Woodward Avenue
Bonobos
1417 Woodward Avenue
Born In Detroit
Born In Detroit
1275 Woodward Avenue
Brown Bag Popcorn
1014 Woodward Avenue
Busted Bra Shop
1425 Wooodward Avenue
Celebrity Apparel
Celebrity Apparel
6520 Woodward Avenue
CVS
1037 Woodward Avenue
Local Expert Analysis
Retail Leasing and Market Dynamics
Leasing on Woodward Avenue is in high demand, with rental rates ranging from $50 to $75 per square foot. Still, vacancy rates currently sit at 15-20%, the strong momentum in leasing activity indicates that these openings will likely be filled as new brands and developments come online. The area’s vacancy mirrors both post-pandemic retail dynamics and the opportunities created by a steady flow of new mixed-use projects. Woodward Avenue’s prime location near Detroit’s commercial and entertainment hotspots makes it a desirable location for brands and ambitious newcomers eager to tap into the city’s revitalized downtown electricity.
Customer Demographics and Foot Traffic
Woodward Avenue engages a diverse clientele, from office workers and high-income residents to visitors exploring Detroit’s cultural landmarks. Weekday foot traffic is supported by the city’s growing professional services sector, while evenings and weekends see a spike in activity, especially during events at nearby sports venues. The area’s dynamic mix creates a consistent draw for various demographic groups.
Future Trends: Woodward Avenue as Detroit’s Premier High Street
Detroit’s downtown continues a steady upward trajectory, and part of its fuel is Woodward Avenue. With new residential and hospitality options coming online, Woodward Avenue will cater to a more diverse, upscale clientele— cementing the area as the heart of Detroit’s urban renaissance.
Conclusion
Woodward Avenue is a postcard of the City of Straits resurgence. As new developments come to fruition, Woodward Avenue is set to become Detroit’s front door to the world, welcoming a dynamic mix of visitors, residents, and professionals. For brands and businesses seeking a high-impact presence in Detroit, Woodward Avenue is more than just an address—it’s an opportunity to be part of the driving force of the city’s future.
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Retail Leasing and Market Dynamics
Leasing on Woodward Avenue is in high demand, with rental rates ranging from $50 to $75 per square foot. Still, vacancy rates currently sit at 15-20%, the strong momentum in leasing activity indicates that these openings will likely be filled as new brands and developments come online. The area’s vacancy mirrors both post-pandemic retail dynamics and the opportunities created by a steady flow of new mixed-use projects. Woodward Avenue’s prime location near Detroit’s commercial and entertainment hotspots makes it a desirable location for brands and ambitious newcomers eager to tap into the city’s revitalized downtown electricity.
Customer Demographics and
New Developments
Woodward Avenue is poised for transformative growth, with several high-profile projects set to redefine the district’s skyline and expand its commercial and residential appeal. At the forefront of these developments is the massive Hudson’s Site project, expected to bring 20,000 square feet of retail, 400,000 square feet of office space, and 90,000 square feet of event space. This ambitious project is set to become a cornerstone of Woodward Avenue, enhancing foot traffic and creating new opportunities for retailers and office tenants alike. Other projects include residential towers and the highly anticipated Edition Hotel, which will add luxury accommodations and further diversify the area’s offerings.