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Retail Investment Property
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12780 Reeck Rd, Southgate, MI 48195

Retail investment offering a 7.25% cap rate for purchase.

Property SizeContact for details
Days on Market150

Property Features for 12780 Reeck Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 4:35PM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This for-sale retail investment is presented with a stated 7.25% cap rate and approximately 15,000 SF of retail space. The asset is categorized as retail and is positioned for investors seeking a stabilized-income profile based on the provided cap-rate information.

The property is located at 12780 Reeck Rd in Southgate, Michigan (48195).

Key Highlights

  • Retail investment offering a 7.25% cap rate
  • Approximately 15,000 SF retail space

Property Analytics

Current Use

Range USA Southgate Shooting Range

Suggested Use

Top Pick Building Supply Spa & Massage Center Restaurant Hair Salon Nail Salon Auto Parts Store

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

841
Businesses Nearby
84k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 24% Hotels & Casinos 8% Home Improvements & Furnishings 1%
McDonald's Dining
26,477 visits/mo 0.1 miles
Sunoco Shops & Services
18,815 visits/mo 0.1 miles
Taco Bell Dining
10,816 visits/mo 0.1 miles
Wendy's Dining
9,647 visits/mo 0.0 miles
Burger King Dining
9,192 visits/mo 0.2 miles

Demographics for 48195, MI

30,014
Population
13,033
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
89%
High-School Grad
6.9 sq mi
ZIP Area
4,350
Density / Sq Mi
$64,635
Median Household Income
$43,368
Median Earnings
$1,102
Median Rent
$165,400
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 investment offering a 7.25% cap rate for purchase.
Where is this retail space located?
The property is located at 12780 Reeck Rd Southgate, MI.
What are key features of this property?
This property features: Retail investment offering a 7.25% cap rate; Approximately 15,000 SF retail space
(858) 373-3100 Call to check price and availability
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