Target Shadow-Anchored Power
For Sale
Contact for pricing
Pending
28250 Dequindre Rd, Warren, MI 48092
410,382-square-foot Target shadow-anchored power center is 96.6% occupied and includes multiple national retail tenants.
Property Size410,382 SF
Lot Size47.46 Acres
Days on Market142
Property Features for 28250 Dequindre Rd
General Information
Standard status
Pending
Size
410,382 SF
Lot size
47.46 Acres
Property subtype
Retail
Occupancy
97%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
Seth Haron · License #MI 6501373006
Source:
Crexi
Added: Apr 11
Changed: Aug 21
Last Checked: Aug 26 at 11:59AM
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 - Detroit
Investment Insights
Based on property information with market context.
Universal Shopping Center is a Target shadow-anchored power center totaling 410,382 square feet and is currently 96.6% occupied. The tenant roster includes Kroger, Burlington, Marshalls, Petco, MJR Cinema, Universal Nonstop Entertainment, Chase Bank, and others. Kroger has been in place for over 31 years and recently extended its lease for five years.
The center is located at the southeast corner of Dequindre and 12 Mile Road in Warren. The property sits on 47.46 acres and Target is currently undergoing a significant store renovation. The traffic counts referenced for the intersection exceed 58,000 combined daily, with nearby access to Interstate-696 (136,835 VPD) and Interstate-75 (98,242 VPD). The asset is also adjacent to Ascension Macomb-Oakland Hospital (484-bed Level III Trauma Center).
Value-add opportunities described with the offering include an open parcel for a possible 30,000-square-foot build-to-suit box store, a 6,000-square-foot former bank building, and an additional 8.45-acre parcel available for separate sale for potential development.
The center is located at the southeast corner of Dequindre and 12 Mile Road in Warren. The property sits on 47.46 acres and Target is currently undergoing a significant store renovation. The traffic counts referenced for the intersection exceed 58,000 combined daily, with nearby access to Interstate-696 (136,835 VPD) and Interstate-75 (98,242 VPD). The asset is also adjacent to Ascension Macomb-Oakland Hospital (484-bed Level III Trauma Center).
Value-add opportunities described with the offering include an open parcel for a possible 30,000-square-foot build-to-suit box store, a 6,000-square-foot former bank building, and an additional 8.45-acre parcel available for separate sale for potential development.
Key Highlights
- 410,382 SF Target shadow‑anchored power center at the southeast corner of Dequindre and 12 Mile Rd in Warren
- Currently 96.6% occupied with tenants including Kroger, Burlington, Marshalls, Petco, MJR Cinema, Universal Nonstop Entertainment, Chase Bank, and others
- Kroger has been in place for over 31 years and recently extended its lease for five years
Property Analytics
Property Profile
Current Use
Lease Details
96.6%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
358k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Apparel 17%
Shops & Services 14%
Dining 13%
Target
Superstores
106,418 visits/mo
0.3 miles
Kroger
Groceries
44,507 visits/mo
0.1 miles
MJR Universal Grand Cinema 16
Leisure
39,304 visits/mo
0.2 miles
Burlington
Apparel
35,062 visits/mo
0.2 miles
Marshalls
Apparel
26,625 visits/mo
0.1 miles
Demographics for 48092, MI
27,186
Population
11,052
Households
2.5
Avg Household Size
42
Median Age
27%
College-Educated
86%
High-School Grad
8.1 sq mi
ZIP Area
3,356
Density / Sq Mi
$71,761
Median Household Income
$40,174
Median Earnings
$1,186
Median Rent
$205,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - 410,382-square-foot Target shadow-anchored power center is 96.6% occupied and includes multiple national retail tenants.
Where is this shopping center located?
The property is located at 28250 Dequindre Rd Warren, MI.
What are key features of this property?
This property features: 410,382 SF Target shadow‑anchored power center at the southeast corner of Dequindre and 12 Mile Rd in Warren; Currently 96.6% occupied with tenants including Kroger, Burlington, Marshalls, Petco, MJR Cinema, Universal Nonstop Entertainment, Chase Bank, and others; Kroger has been in place for over 31 years and recently extended its lease for five years
