For Sale
$900,000

16777 13 Mile Rd Roseville, MI 48026

4,783 SF Retail Center, Multi-Tenant

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 4,783 square foot shopping center presents a compelling value-add opportunity in the thriving Roseville, Michigan market. Located at 16777 E Thirteen Mile Rd, Fraser, MI 48026, this newly constructed property is currently configured as a multi-tenant retail space with four existing tenants. The property is offered for sale at $900,000, representing a price per square foot of $188.17. The lease type is NNN. The strong demographics of the area are highly attractive to investors. Within a one-mile radius, there are over 13,740 residents, and within five miles, a substantial 308,880 residents reside. The average household income within this radius is $68,408, and the average home value is $137,387. The average age of the population is 41.5 years. This prime location offers significant potential for future growth and strong returns on investment. Individual unit sizes range from 895 to 2,994 square feet, presenting flexibility for various business types. This is a rare opportunity to acquire a brand-new, multi-tenant retail center in a high-demand area. The property's strategic location and strong demographics make it an ideal investment for discerning buyers seeking a value-add opportunity. This property is ready for immediate occupancy.

Highlights

  • 4,783 SF multi-tenant retail center in Roseville, MI, for sale at $900,000 ($188.17/SF).
  • NNN leases; four existing tenants.
  • Strong demographics: 13,740 residents within 1 mile, 308,880 within 5 miles; average household income $68,408; average home value $137,387.
  • Unit sizes range from 895 SF to 2,994 SF.
  • Located at 16777 E Thirteen Mile Rd, Fraser, MI 48026; ready for immediate occupancy.

Property Details for 16777 13 Mile Rd

Property type
Lifestyle centers, Power centers
Square Feet
4,783 SF

Location Insight

City
Roseville
County
Macomb
State
Michigan
Latitude
42.524131386631
Longitude
-82.947442118803

FAQs

What type of property is this?
Lifestyle center - 4,783 SF Retail Center, Multi-Tenant
Where is the lifestyle center located?
The property is located at 16777 13 Mile Rd Roseville, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,783 SF multi-tenant retail center in Roseville, MI, for sale at $900,000 ($188.17/SF).; NNN leases; four existing tenants.; Strong demographics: 13,740 residents within 1 mile, 308,880 within 5 miles; average household income $68,408; average home value $137,387.
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16777 13 Mile Rd
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