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Retail Pad in Grocery Parking Lot
For Sale
Contact for pricing
Pending

14945 23 Mile Rd, Utica, MI 48315

Retail pad within a Kroger parking lot, with size adjustable to tenant needs.

Property SizeContact for details
Days on Market118

Property Features for 14945 23 Mile Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Southeastern Development Brokerage Consulting
Listed By: Tyler Martin, CCIM · License #GA 373607
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 4 at 10:07AM

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 Southeastern Development Brokerage Consulting

Investment Insights

Based on property information with market context.

This offering is for a retail pad located within Kroger’s parking lot. The pad is part of a jointly developed project and can be sized based on tenant requirements.

The property is situated at 14945 23 Mile Rd in Shelby Charter Township, MI. Developers note built-to-suit and ground lease opportunities, and additional information is available upon request.

The space is offered as a flexible pad configuration, with the final size varying based on the tenant’s needs.

Key Highlights

  • Retail pad located within Kroger's parking lot
  • Pad size can be adjusted based on tenant needs
  • Developed jointly by Southeastern and Kroger

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Barber Shop

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

Location Intelligence

Trade Area within ½ mile

1,046
Businesses Nearby
125k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 39% Electronics 4% Groceries 3%
Dollar Tree Shops & Services
16,616 visits/mo 0.2 miles
Burger King Dining
14,137 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
14,046 visits/mo 0.3 miles
Taco Bell Dining
13,590 visits/mo 0.4 miles
Arby's Dining
11,234 visits/mo 0.4 miles

Demographics for 48315, MI

28,597
Population
11,252
Households
2.5
Avg Household Size
48
Median Age
33%
College-Educated
92%
High-School Grad
12.9 sq mi
ZIP Area
2,217
Density / Sq Mi
$99,512
Median Household Income
$54,587
Median Earnings
$1,181
Median Rent
$357,700
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?
Retail space - Retail pad within a Kroger parking lot, with size adjustable to tenant needs.
Where is this retail space located?
The property is located at 14945 23 Mile Rd Utica, MI.
What are key features of this property?
This property features: Retail pad located within Kroger's parking lot; Pad size can be adjusted based on tenant needs; Developed jointly by Southeastern and Kroger
More about this property
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