1219 East 11 Mile Road Royal Oak, MI 48067
Free-standing Royal Oak building featuring a bay door.
Property Features for 1219 East 11 Mile Road
General Information
- Standard status
- Active
- Size
- 1,853 SF
- Property subtype
- Retail, Office, Mixed Use
Listing office Community Choice Realty
Listing date May 19, 2026
Source Crexi
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 Community Choice Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Free standing building
- Prime Royal Oak location
- Bay door access
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 | $31.1k | $16.80 |
| − Vacancy | −$2.6k | −$1.43 |
| EGI | $28.5k | $15.37 |
| − OpEx | −$8.5k | −$4.61 |
| NOI | $19.9k | $10.76 |
