For Sale
$23,535,000
410 Main St Royal Oak, MI 48067
100% Occupied, High NOI, Strong WALT
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 100% occupied, mixed-use property with strong, diversified tenant roster including Saki Sushi, HopCat, Pasta Per Trio, Harley Ellis Deveraux, and Bar Louie, featuring long-term leases.
- High-growth market with strong demographics: $86,000+ average household income within one mile, 147,900+ population within three miles, and 363,000 within five miles.
- Low landlord responsibilities due to minimal common area.
- Excellent location with high pedestrian and vehicular traffic, proximate to over 2,000 residential units and Oakland Community College.
- Prime location on Main Street in downtown Royal Oak, with easy access to Woodward Avenue, I-696, and I-75.
- Class “A” asset with zero deferred maintenance and no common area to maintain.
Property Details for 410 Main St
- Property type
- Retail properties
Location Insight
- City
- Royal Oak
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4870222
- Longitude
- -83.1444129
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - 100% Occupied, High NOI, Strong WALT
- Where is the retail property located?
- The property is located at 410 Main St Royal Oak, MI.
- What is the asking price?
- The asking price for this property is $23,535,000.
- What are key features of this property?
- This property features: 100% occupied, mixed-use property with strong, diversified tenant roster including Saki Sushi, HopCat, Pasta Per Trio, Harley Ellis Deveraux, and Bar Louie, featuring long-term leases.; High-growth market with strong demographics: $86,000+ average household income within one mile, 147,900+ population within three miles, and 363,000 within five miles.; Low landlord responsibilities due to minimal common area.
- How can I contact the broker?
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