For Sale
$9,700,000

15311–15479 Beck Rd Northville, MI 48168

NNN Retail Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
131
Exceptional investment opportunity: a 17,500 square foot, multi-tenant retail shopping center in Northville, Michigan. This 2021-built property sits on a 1.9-acre lot (APN 77-068-04-0001-000) at the highly visible northwest corner of 5 Mile Road and Beck Road (15311-15479 Beck Rd, 48168). The center boasts 100% occupancy with a diverse tenant mix including Sherwin Williams, 5 Guys, First Watch, Qdoba, Verizon, and Tropical Smoothie. All tenants are under long-term NNN leases, many with corporate guarantees or multi-store franchisee operators, ensuring stable and predictable cash flow. Each lease includes rent increases and option periods, providing future income growth. The property benefits from significant residential and commercial growth in the surrounding area, and enjoys average household incomes exceeding $165,000 annually. This is a turnkey investment with strong tenant occupancy and a prime location. Asking price is $9,700,000.

Highlights

  • 17,500 SF new construction, multi-tenant retail building with NNN leases.
  • Strong tenant lineup including Sherwin-Williams, 5 Guys, First Watch, Qdoba, Verizon, and Tropical Smoothie.
  • 100% occupancy with long-term leases featuring rent increases and options.
  • Excellent location at the NWC of 5 Mile Road and Beck Road, Northville, MI, offering high visibility.
  • Strong demographics with average household incomes exceeding $165,000 annually and significant surrounding growth.

Property Details for 0 15311–15479 Beck Rd

Property type
Lifestyle centers, Power centers
Square Feet
17,500 SF
Year Built
2021
Lot Size (sq. ft)
82,764 SF

Location Insight

City
Northville
County
Wayne
State
Michigan
Latitude
42.4021228
Longitude
-83.6029116

FAQs

What type of property is this?
Lifestyle center - NNN Retail Center, 100% Occupied
Where is the lifestyle center located?
The property is located at 15311–15479 Beck Rd Northville, MI.
What is the asking price?
The asking price for this property is $9,700,000.
What are key features of this property?
This property features: 17,500 SF new construction, multi-tenant retail building with NNN leases.; Strong tenant lineup including Sherwin-Williams, 5 Guys, First Watch, Qdoba, Verizon, and Tropical Smoothie.; 100% occupancy with long-term leases featuring rent increases and options.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 15311–15479 Beck Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message