26710-26780 Southfield Rd - Storefront Retail/Office FOR SALE


Lathrup Village, MI 48076
$3,160,000 USD
248-867-3304
26710-26780 Southfield Rd, Lathrup Village, MI for Sale
$3,160,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 7% Cap Rate

26710-26780 Southfield Rd
Lathrup Village, MI 48076


HIGHLIGHTS

  • Renovated in 2021 with new facade, roof, parking lot, interiors, HVAC
  • National franchise brand occupants and Billboard style facade advertising occupant brands
  • Over 55,000 VPD - Strong vehicular traffic on stabilized shopping corridor
  • Zoning permitted uses and excellent parking ratio allow for a wide variety of users to occupy the center
  • 35 foot unit depth allows for incredible frontage for the occupants
  • One available unit an attractive option for both seasoned investors and those seeking a hybrid investment/owner-user scenario

OVERVIEW

Investment opportunity: This fully renovated 9,405 square foot retail strip center, updated in 2021, offers a turn-key asset in a high-traffic corridor with strong visibility and long-term upside. The center features abundant parking, prominent facade signage, and a well-balanced tenant mix that includes Biggby Coffee, Mobility City, 44 Burrito, Primealete Nutrition, and The Style Guru—establishing a steady income stream and consistent customer draw. With one 2,100 SF suite still available, the property presents additional upside for lease-up or owner occupancy, making it an attractive option for both seasoned investors and those seeking a hybrid investment/owner-user scenario. This is a rare chance to acquire a stabilized asset with immediate cash flow and future growth potential.

FOR SALE DETAILS

PRICE

$3,160,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

61

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

CV - Commercial Vehicular

APN/PARCEL ID

24-24-103-032

ASK ABOUT THIS PROPERTY

Rob KrochmalThe Surnow CompanyMore Info
248-867-3304

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Rob KrochmalThe Surnow CompanyMore Info
248-867-3304

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