For Sale
$3,200,000

44905 Morley Dr Clinton Township, MI 48036

Prime Clinton Twp. shopping center, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional retail investment opportunity presents a 21,756 square foot shopping center situated on a 2.9-acre lot at 44905 Morley Dr, Clinton Township, Michigan 48036. The property boasts a prominent location with Hall Road frontage, providing excellent visibility and accessibility. Currently operating at 56% occupancy, this multi-tenant property offers a diverse mix of uses, including a turn-key restaurant complete with fixtures, furniture, equipment (FF&E), and a readily transferable liquor license. A 2,444 square foot white box space is immediately available for lease, presenting a significant opportunity for additional income generation. The property is zoned B-2, allowing for a variety of commercial uses. The asking price is $3,200,000, translating to a price per square foot of $147.09. Convenient access to I-94 ensures high traffic flow and easy commutes for both tenants and customers. Aggressive rental rates are currently in place, offering significant potential for increased revenue. This well-maintained property is priced to sell and represents a compelling investment opportunity in a thriving commercial area. The property's location in Macomb County, Michigan, offers a strong market for retail businesses.

Highlights

  • Hall Road frontage in a well-maintained shopping center.
  • Turnkey restaurant space including fixtures, furniture, equipment (FF&E), and a liquor license.
  • 2,444 square feet of move-in ready white box space.
  • Convenient I-94 access.
  • Competitive rental rates.
  • Asking price: $147 per square foot.

Property Details for 44905 Morley Dr

Property type
Lifestyle centers, Power centers
Square Feet
21,756 SF
Lot Size (sq. ft)
126,324 SF

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.6289006
Longitude
-82.8686632

FAQs

What type of property is this?
Lifestyle center - Prime Clinton Twp. shopping center, high-traffic location.
Where is the lifestyle center located?
The property is located at 44905 Morley Dr Clinton Township, MI.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Hall Road frontage in a well-maintained shopping center.; Turnkey restaurant space including fixtures, furniture, equipment (FF&E), and a liquor license.; 2,444 square feet of move-in ready white box space.
How can I contact the broker?
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44905 Morley Dr
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