9701 Belleville RdBelleville, MI 48111
- Outlet malls
- 199,014 SF
Property Details for 9701 Belleville Rd
- Year built
- 1990
- Lot size
- 39.38 AC
- Property size (Sq ft)
- 199,014 SF
- Zone code
- C2 EXT
- Property type
- Outlet malls
- APN
- 83 058 99 0006 705
- APU
- 83058990006705
Description
This exceptional retail opportunity is located inside a high-traffic Meijer store. The 937 square foot space offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including a fixed monthly fee that covers real estate taxes, property insurance, common area maintenance, and utilities. The space allows for both interior and exterior branding and signage, maximizing exposure. Situated in a thriving trade area with a desirable customer base, this location is ideal for various retail uses, including financial institutions, food and beverage businesses, service businesses, health and wellness providers, and more. Multiple vacancies are available in Meijer stores across key Midwest markets within Wayne County. The high-traffic location and all-inclusive monthly fee make this an attractive opportunity for businesses seeking strong foot traffic and exposure in a well-known retail destination. This space is currently vacant and ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $50,081,132
- 6.5%
- $46,228,736
- 7%
- $42,926,684
-
Comparable approach
- Method
- Valuation
- Relative Method
- $46,911,740
- Geo Method
- $46,911,740
-
Alternative Use
- Use
- Valuation
- Residential
- $38,995,668
- Hospitality
- $35,719,824
- Educational
- $29,718,474
- Medical
- $30,740,538
- Retail
- $46,228,736
Location Insight
- City
- Van Buren Township
- County
- Wayne
- State
- Michigan
- Latitude
- 42.2321
- Longitude
- -83.4822
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
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- 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 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.
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