8880-8884 Commerce RdCommerce Charter Township, MI 48382

Property Details for 8880-8884 Commerce Rd

Lot size

0.96 AC

Property size (Sq ft)

5,500 SF

Property type

Healthcare properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents a 5,500 square foot freestanding retail building situated on approximately 0.96 acres of land in the thriving Commerce Township, Michigan. Currently 100% occupied by a single, credit tenant, this property offers limited landlord responsibilities, ensuring ease of management. The building is well-maintained and benefits from a desirable demographic profile. The property is zoned B-2, Community Business, and features ample parking. The asking price is $775,000, representing a 9.00% cap rate. Tenant pays all CAM and utilities. The property is located on the north side of Commerce Road, just west of Union Lake Road, in the 48382 zip code. Upcoming improvements include resealing and striping of the parking lot. This is a prime opportunity for investors seeking a stable, high-return investment in a rapidly growing community.

Location Insight

City

Commerce Charter Township

County

Oakland

State

Michigan

Latitude

42.592

Longitude

-83.4588

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