Neighborhood Shopping Center
For Sale
Contact for pricing
Pending
29275-29315 Fourteen Mile Rd, Farmington Hills, MI 48334
Fully occupied neighborhood center anchored by Walgreens and Johnny Pomodoro’s Fresh Market under predominantly NNN leases.
Property Size50,592 SF
Days on Market120
Property Features for 29275-29315 Fourteen Mile Rd
General Information
Standard status
Pending
Size
50,592 SF
Property subtype
Retail
Occupancy
100%
Building Details
Tenancy
Multi
Listing Agency:
Landmark Commercial Real Estate Services
(248) 488-2620
Listed By:
Max Lippitt · License #MI 6501395927
Source:
Crexi
Added: Apr 24
Changed: Aug 16
Last Checked: Aug 20 at 9:38PM
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 Landmark Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Broadway Plaza is a fully occupied neighborhood shopping center totaling 150,592 SF. The property is anchored by Walgreens and Johnny Pomodoro’s Fresh Market, both described as long-term, high-traffic tenants. Broadway Plaza’s tenant mix includes established retailers and service providers, with the center operating under predominantly NNN leases that limit landlord responsibilities. The offering is presented with a stated Year 1 NOI of $396,404.
The center is located at 29275–29315 Fourteen Mile Rd in Farmington Hills, MI, in Oakland County. Public remarks characterize the area as affluent and business-friendly, with average household incomes over $159,000 within three miles.
Broadway Plaza offers an income-producing retail configuration supported by two anchor tenants and long-term occupancy.
The center is located at 29275–29315 Fourteen Mile Rd in Farmington Hills, MI, in Oakland County. Public remarks characterize the area as affluent and business-friendly, with average household incomes over $159,000 within three miles.
Broadway Plaza offers an income-producing retail configuration supported by two anchor tenants and long-term occupancy.
Key Highlights
- Broadway Plaza is 100% occupied with 150,592 SF neighborhood shopping center in Farmington Hills
- Anchored by long‑term, high‑traffic tenants Walgreens and Johnny Pomodoro’s Fresh Market
- Predominantly NNN lease structure with minimal landlord responsibilities
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Independent Bank
Shops & Services
3,677 visits/mo
0.1 miles
Citgo
Shops & Services
1,522 visits/mo
0.1 miles
Demographics for 48334, MI
18,731
Population
8,528
Households
2.2
Avg Household Size
45
Median Age
59%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$98,937
Median Household Income
$56,067
Median Earnings
$1,511
Median Rent
$327,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied neighborhood center anchored by Walgreens and Johnny Pomodoro’s Fresh Market under predominantly NNN leases.
Where is this shopping center located?
The property is located at 29275-29315 Fourteen Mile Rd Farmington Hills, MI.
What are key features of this property?
This property features: Broadway Plaza is 100% occupied with 150,592 SF neighborhood shopping center in Farmington Hills; Anchored by long‑term, high‑traffic tenants Walgreens and Johnny Pomodoro’s Fresh Market; Predominantly NNN lease structure with minimal landlord responsibilities
