26020-26068 W 12 Mile Rd - Storefront FOR SALE
Southfield, MI 48034 |
26020-26068 W 12 Mile Rd
Southfield, MI 48034
HIGHLIGHTS
- 88.75% Occupied Multi-Tenant Shopping Center with a Strong Tenant Mix
- CVS has Anchored this Center for Over 30-Years and Recently Exercised Another 5-Year Option with Rent Increase
- Over $185,000 Invested to Repave the Parking Lot in 2022 | New Roof Installed in 2018
- Average Rent at the Subject Property is $14.81 Per SF, CoStar Suggests Average Market Rent to Be $22.30
- Nearly 1,000 Neighboring Apartment Units within Walking Distance Provide a Built-In Customer Base
- Positioned a Half Mile from Galleria Officentre, a Major Four Building Class A Office Complex and One Mile From the I-696/ US-24 Interchange
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Diamond Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
26024
STORIES
1
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
112
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
24-07-476-064
