Retail Center with Ample
For Sale
Contact for pricing
135 South Milford Road, Milford, MI 48381
Well-maintained retail center with long-term tenant and growth potential.
Property Size71,382 SF
Lot Size10.51 Acres
Days on Market149
Property Features for 135 South Milford Road
General Information
Standard status
Active
Size
71,382 SF
Lot size
10.51 Acres
Property subtype
Retail
Listing Agency:
(248) 351-2014
Listed By:
David Hesano
(248) 351-2014
Source:
Cbre
Added: Mar 25
Changed: Aug 8
Last Checked: Aug 8 at 4:43AM
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 David Hesano
Investment Insights
Based on property information with market context.
Constructed in 2003, this 71,382 square foot shopping center is situated on a 10.51-acre parcel and features a masonry exterior. The property has ample parking and is located at an intersection served by multiple traffic control signals. The shopping center consists of thirteen units, with four currently vacant, resulting in an initial occupancy of 85%. Planet Fitness is a tenant with a long-term lease extending through 2034, operated by a major franchisee. Dollar Tree has approximately four years remaining on its lease, with multiple extension options available. The shopping center is attractive in appearance and well-maintained, offering significant potential for rent growth through future leasing activity.
Key Highlights
- Planet Fitness on long‑term lease through 2034 with a major franchise operator
- Significant rent growth potential through leasing of vacant units
- Attractive and well‑maintained shopping center
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
82k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 48%
Beauty & Spa 2%
Speedway
Shops & Services
18,109 visits/mo
0.0 miles
McDonald's
Dining
16,619 visits/mo
0.1 miles
Starbucks
Dining
11,160 visits/mo
0.2 miles
Taco Bell
Dining
8,523 visits/mo
0.1 miles
Dollar Tree
Shops & Services
7,455 visits/mo
0.1 miles
Demographics for 48381, MI
13,794
Population
5,588
Households
2.5
Avg Household Size
45
Median Age
45%
College-Educated
96%
High-School Grad
19.5 sq mi
ZIP Area
707
Density / Sq Mi
$103,156
Median Household Income
$61,929
Median Earnings
$1,146
Median Rent
$386,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Mill Valley Center — 525 N Main St, Milford, MI 48381
Frequently Asked Questions
What type of property is this?
Shopping center - Well-maintained retail center with long-term tenant and growth potential.
Where is this shopping center located?
The property is located at 135 South Milford Road Milford, MI.
What are key features of this property?
This property features: Planet Fitness on long‑term lease through 2034 with a major franchise operator; Significant rent growth potential through leasing of vacant units; Attractive and well‑maintained shopping center
