26603-26605 Michigan Ave - Freestanding FOR SALE


Inkster, MI 48141
$850,000 USD
248-721-4556
26603-26605 Michigan Ave, Inkster, MI for Sale
$850,000 USD
Freestanding - FOR SALE
1/3
null | 8.01% Cap Rate

26603-26605 Michigan Ave
Inkster, MI 48141


HIGHLIGHTS

  • Well -located retail center in Inkster, MI, featuring a stable and essential -services tenant mix.
  • Strategically positioned on Michigan Avenue (US -12), a major arterial with average daily traffic counts exceeding 37 ,000 vehicles.
  • The center presents strong upside through rent escalations, lease renewals with established tenants, and operational efficiencies.

OVERVIEW

STRONG TENANT MIX Inkster Plaza is a well located retail center in Inkster, MI, featuring a stable and essential-services tenant mix anchored by the Michigan Secretary of State office and LA Insurance. These tenants provide recession-resistant operations focused on government services and insurance needs, ensuring consistent foot traffic from local residents seeking vehicle registrations, licensing, and affordable auto coverage. The combination of public-sector reliability and everyday consumer services generates steady income streams and long-term lease stability in a community-driven market. MARKET The Inkster community's economic foundation is supported by a diverse base in manufacturing, healthcare, and social assistance, which together account for over 39% of local employment and contribute to a resilient workforce amid Michigan's broader economic outlook for 2025. With major industries including automotive-related manufacturing and administrative services, the area benefits from proximity to Detroit's metro economy, stable job retention, and recent developments like the Annapolis Pointe housing project aimed at boosting affordable homeownership. Combined with low vacancy rates in essential retail and projected modest growth in household incomes, this property offers investors a blend of income security, tenant durability, and potential for value appreciation in a recovering suburban market. LOCATION Strategically positioned on Michigan Avenue (US-12),a major arterial with average daily traffic counts exceeding 37,000 vehicles, the center enjoys excellent visibility, easy access, and strong surrounding retail drivers, including nearby Home Depot, CVS Pharmacy, Citi Trends, and various fast-food outlets. Its central location within Inkster, just 14 miles southwest of downtown Detroit, makes it highly accessible to both residents and commuters via key routes like I-94 and I-275. The area features a dense population of over 279,086 residents with a median age of 38. 5, and a diverse consumer base, indicating a solid, underserved market with minimal turnover and growing demand for convenient services. UPSIDE POTENTIAL The center presents strong upside through rent escalations, lease renewals with established tenants, and operational efficiencies ina fully leased property. Local growth drivers, including new housing initiatives and Michigan's cautious economic optimism for 2025, support long-term income growth and property value enhancement in an area poised for revitalization. INFASTRUCTURE ADVANTAGES The property benefits from ample surface parking of about 40 spaces and established access points that enhance functionality and customer convenience. Its placement along a high-traffic corridor ensures smooth ingress/egress, shared access with neighboring retail sites supports tenant operations and adds flexibility for future enhancements or redevelopment of the site.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C-1

APN/PARCEL ID

44-020-02-0019-303

ASK ABOUT THIS PROPERTY

Nicholas ShabaCMP Real Estate GroupMore Info
248-721-4556

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Nicholas ShabaCMP Real Estate GroupMore Info
248-721-4556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.