135 South Milford Rd Milford, MI 48381
Well-maintained retail center with long-term tenant and growth potential.
Property Features for 135 South Milford Rd
General Information
- Standard status
- Active
Source:
Cbre
Listing Agent: Dave Hesano
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Center with Ample Parking
Constructed in 2003, this 71,382 square foot shopping center is situated on a 10.51-acre parcel and features a masonry exterior. The property has ample parking and is located at an intersection served by multiple traffic control signals. The shopping center consists of thirteen units, with four currently vacant, resulting in an initial occupancy of 85%. Planet Fitness is a tenant with a long-term lease extending through 2034, operated by a major franchisee. Dollar Tree has approximately four years remaining on its lease, with multiple extension options available. The shopping center is attractive in appearance and well-maintained, offering significant potential for rent growth through future leasing activity.
Location Intelligence
Current Use by Public Records
Shopping centers
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6096948
- Latitude
- 42.5819436
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FAQs
What type of property is this?
Shopping center - Well-maintained retail center with long-term tenant and growth potential.
Where is this shopping center located?
The property is located at 135 South Milford Rd Milford, MI.
What are key features of this property?
This property features: - Planet Fitness on long-term lease through 2034 with a major franchise operator; - Significant rent growth potential through leasing of vacant units; - Attractive and well-maintained shopping center
