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Retail Investment Property
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Pending

28703 Wixom Rd, Wixom, MI 48393

Retail investment offering approximately 8,060 square feet with a stated 5.17% cap rate.

Property Size8,060 SF
Days on Market132

Property Features for 28703 Wixom Rd

General Information

Standard status Pending
Size 8,060 SF
Property subtype Retail

Additional Details

Cap Rate 5.17%
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Max Lippitt · License #MI 6501395927
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 20 at 5:44PM

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.

This retail investment property is offered for sale with a stated 5.17% cap rate. The listing indicates approximately 8,060 square feet of retail space.

The property is located at 28703 Wixom Rd in Wixom, Michigan, with an identified street-address location provided in the listing.

Details beyond the retail asset type, size, and cap rate were not provided in the source information.

Key Highlights

  • Retail investment offering approximately 8,060 SF
  • Stated 5.17% cap rate

Property Analytics

Current Use

Chipotle Mexican Grill Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair

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

366
Businesses Nearby
171k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Home Improvements & Furnishings 27% Dining 10% Shops & Services 10%
Meijer Groceries
74,863 visits/mo 0.4 miles
Menards Home Improvements & Furnishings
46,167 visits/mo 0.3 miles
Duluth Trading Company Apparel
15,766 visits/mo 0.3 miles
Meijer Gas Station Shops & Services
11,298 visits/mo 0.4 miles
KFC Dining
9,117 visits/mo 0.4 miles

Demographics for 48393, MI

20,257
Population
9,847
Households
2.1
Avg Household Size
36
Median Age
43%
College-Educated
96%
High-School Grad
13.6 sq mi
ZIP Area
1,489
Density / Sq Mi
$67,194
Median Household Income
$44,862
Median Earnings
$975
Median Rent
$309,100
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 approximately 8,060 square feet with a stated 5.17% cap rate.
Where is this retail space located?
The property is located at 28703 Wixom Rd Wixom, MI.
What are key features of this property?
This property features: Retail investment offering approximately 8,060 SF; Stated 5.17% cap rate
(248) 488-2620 Call to check price and availability
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