Retail Space For
1025 Middlebelt Rd Inkster, MI 48141
1025 Middlebelt Rd, Inkster, MI, 48141
Contact for pricing
For Sale
Contact for pricing
Retail space available for sale, 2500 square feet.
Property Size2,500 SF
Price / SF$183.60
Days on Market758
Property Features for 1025 Middlebelt Rd
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Retail
Listing agency
CMP Real Estate Group
(248) 538-2000
Listed by
Anthony Sesi · License #MI 6501379218
Source
Crexi
Added: Jun 26, 2024 Updated: Jul 6 at 8:19AM Checked: Jul 22 at 9:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CMP Real Estate Group
Investment Insights
Based on property information with market context.
This is a retail space available for sale. The property offers 2500 square feet of space.
Key Highlights
- No property information was provided to extract selling points.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $14.40 |
| − Vacancy | −$2.2k | −$0.86 |
| EGI | $33.8k | $13.54 |
| − OpEx | −$10.2k | −$4.06 |
| NOI | $23.7k | $9.48 |
2,500 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$338.4K
$296.1K – $394.8K
NOI $23,688 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$462.9K
$405.0K – $540.0K
NOI $32,400 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Papa's Pizza
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for sale, 2500 square feet.
Where is this retail space located?
The property is located at 1025 Middlebelt Rd Inkster, MI.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.