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22263-22299 Eureka Rd Taylor, MI 48180

Taylor, MI Retail Investment Opportunity

Overview

Added:
Jan 24
Days on market:
89
This prime, multi-tenant shopping center in Taylor, Michigan presents a compelling value-add opportunity. The 185,635 square foot Class C property, built in 1988, features seven single-story buildings and ample parking (1,287 spaces). Currently boasting a 46.34% occupancy rate, with a projected full occupancy date of January 1, 2025, the center offers significant potential for increased revenue through lease-up. Anchored by Burlington Coat Factory, the property comprises six total tenants operating under net lease agreements. Strategically located on Eureka Road between I-75 and US-24, it benefits from high visibility, strong traffic counts, and proximity to dense residential areas and other major retailers, including Southland Mall, Meijer, and a soon-to-open Chick-fil-A. Its location less than 15 minutes from Detroit Metropolitan Airport further enhances its appeal. The property's current below-replacement cost makes it an attractive investment for those seeking to capitalize on a strong retail market and a significant lease-up opportunity. This is a rare chance to acquire a large, cash-flowing asset in a prime location with long-term historical tenancy.

Highlights

  • 185,635 SF multi-tenant shopping center with Burlington Coat Factory as an anchor tenant.
  • 6 total tenants currently occupy 46.34% of the space; occupancy date is 01/01/2025.
  • Located in Taylor, MI, on Eureka Road between I-75 and US-24, offering high visibility and freeway access.
  • Situated near Southland Mall, Meijer, and Chick-fil-A, surrounded by dense residential areas.
  • Class C property built in 1988, featuring 7 buildings, 1 story, and 1,287 parking spaces.
  • Significant lease-up potential to increase value; currently available below replacement cost.

Property Details for 22263-22299 Eureka Rd

Property type
Lifestyle centers, Power centers
Square Feet
185,635 SF
Class
C
Year Built
1988
Buildings
7
Stories
1

Location Insight

City
Taylor
County
Wayne
State
Michigan
Latitude
42.196343
Longitude
-83.251703

FAQs

What type of property is this?
Lifestyle center - Taylor, MI Retail Investment Opportunity
Where is the lifestyle center located?
The property is located at 22263-22299 Eureka Rd Taylor, MI.
What are key features of this property?
This property features: 185,635 SF multi-tenant shopping center with Burlington Coat Factory as an anchor tenant.; 6 total tenants currently occupy 46.34% of the space; occupancy date is 01/01/2025.; Located in Taylor, MI, on Eureka Road between I-75 and US-24, offering high visibility and freeway access.
How can I contact the broker?
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22263-22299 Eureka Rd
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