41560-41660 Garfield Rd - Freestanding FOR SALE


Clinton Township, MI 48038
$2,300,000 USD
586-873-5419
41560-41660 Garfield Rd, Clinton Township, MI for Sale
$2,300,000 USD
Freestanding - FOR SALE
1/16
null | Request Cap Rate

41560-41660 Garfield Rd
Clinton Township, MI 48038


HIGHLIGHTS

  • Rare value-add neighborhood retail center in a prime corridor
  • Significant vacancy ±7,600 SF (5,200SF & 2,400SF) providing lease-up upside
  • Ability to increase NOI through strategic leasing

OVERVIEW

Pilot Property Group has been exclusively engaged to solicit offers for Garfield Landing, a 14,800 square-foot neighborhood retail center located at 41560-41660 Garfield Road in Clinton Township, Michigan. Positioned in the heart of the highly desirable Garfield Corridor—one of the region’s most established and heavily trafficked retail corridors—Garfield Landing serves as a key neighborhood shopping destination for the surrounding communities. This offering presents a compelling value-add investment opportunity, featuring approximately 7,600 square feet of available space (5,200 SF & 2,400 SF), allowing investors to implement a strategic lease-up plan and significantly increase net operating income. The property is well-suited for a diverse tenant mix including retail, restaurant, and office users, supported by strong visibility, prominent signage, and ample on-site parking. A standout component of this offering is the additional land located behind the shopping center, providing investors with exceptional flexibility and longterm optionality. This excess land creates the opportunity for future development, expansion, or redevelopment—further enhancing the asset’s upside potential. Offered free and clear of existing debt, Garfield Landing allows investors to capitalize on favorable financing structures while executing a business plan tailored to maximize returns. Additional Documents Available Upon Request, including rent roll, site plans, and conceptual development plans.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garfield Landing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

B-2

APN/PARCEL ID

16-11-08-302-024

ASK ABOUT THIS PROPERTY

Anthony RubinoPilot Property Group, Inc.More Info
586-873-5419

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Anthony RubinoPilot Property Group, Inc.More Info
586-873-5419

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