Building Details

Tenancy Multi

Listing Agency: Landmark Commercial Real Estate Services

Listed By: Daniel Kukes · License #MI 6502361395 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:23AM

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Investment Insights

Based on property information with market context.

This strip mall is an occupied retail property located at 1203 N Commerce Rd in Commerce Charter Township, Michigan. The asset is offered for sale as an operating commercial property.

Key Highlights

• Occupied strip mall
• Located at 1203 N Commerce Rd
• Commerce Charter Township, MI 48382

Property Analytics

Property Profile

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

363

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Village Grill Dining

4,578 visits/mo 0.0 miles

Demographics for 48382, MI

23,334

Population

8,857

Households

2.6

Avg Household Size

42

Median Age

49%

College-Educated

97%

High-School Grad

16.6 sq mi

ZIP Area

1,406

Density / Sq Mi

$132,602

Median Household Income

$59,784

Median Earnings

$1,685

Median Rent

$404,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail center with existing occupancy in Commerce Charter Township.

Where is this strip mall located?

The property is located at 1203 N Commerce Rd Commerce Township, MI.

What are key features of this property?

This property features: Occupied strip mall; Located at 1203 N Commerce Rd; Commerce Charter Township, MI 48382