Retail Investment
For Sale
Contact for pricing
13488 23 Mile Rd, Shelby Township, MI 48315
For sale retail property in Shelby Township presented with a 4.04% cap rate.
Property SizeContact for details
Days on Market120
Property Features for 13488 23 Mile Rd
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
4.04%
Listing Agency:
Matthews
Listed By:
Cade Norland · License #CA 02120126
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 6:14PM
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 Matthews
Investment Insights
Based on property information with market context.
This offering is a retail investment property listed for sale, presented with a 4.04% cap rate in the public remarks. The asset is positioned as a retail commercial opportunity, with details provided under the retail property type classification.
The property is located at 13488 23 Mile Rd in Shelby Township, Michigan (48315). Further specifics about the building size, tenancy, layout, or condition were not included in the provided information, so interested parties should review additional materials to confirm unit mix and operational details.
The property is located at 13488 23 Mile Rd in Shelby Township, Michigan (48315). Further specifics about the building size, tenancy, layout, or condition were not included in the provided information, so interested parties should review additional materials to confirm unit mix and operational details.
Key Highlights
- Retail property for sale in Shelby Township
- Presented with a 4.04% cap rate
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
687
Businesses Nearby
179k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 37%
Shops & Services 21%
Electronics 1%
Kroger
Groceries
66,311 visits/mo
0.3 miles
Kroger Fuel Center
Shops & Services
26,560 visits/mo
0.4 miles
Culver's
Dining
19,087 visits/mo
0.3 miles
Taco Bell
Dining
13,590 visits/mo
0.4 miles
Tim Hortons
Dining
11,483 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail property in Shelby Township presented with a 4.04% cap rate.
Where is this retail space located?
The property is located at 13488 23 Mile Rd Shelby Township, MI.
What are key features of this property?
This property features: Retail property for sale in Shelby Township; Presented with a 4.04% cap rate
