Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kensington Valley Outlets Retail Space Title is generated by Realmo AI

    1475 N Burkhart Road, Howell, MI 48855

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail spaces available in Kensington Valley Outlets.

    Type:Retail
    Added:
    Mar 7, 2026
    Days on Market:
    92
    Last Refresh:
    Mar 7 at 7:11 pm

    Property Features for 1475 N Burkhart Road

    General Information

    Standard status
    Active
    Property subtype
    Retail

    We can help!

    Listing Contact
    Jared Gell

    Listing agent Jared Gell

    Listing office Mid America Real Estate - Michigan Inc

    Listing date Mar 7, 2026

    Source Midamericagrp

    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 Mid America Real Estate - Michigan Inc

    HighLights

    • Excellent visibility and signage to I‑96 (56,814 vpd).
    • Anchored by nationally recognized retailers: J. Crew, H&M, Polo Ralph Lauren, and Nike.
    • Easily accessible from four of the five top‑ranked Metropolitan Statistical Areas (MSA) in the state, with a combined population of over 5.6 million.
    • Located at the I‑96 & Highland Road interchange.
    • Under new local ownership, management, and leasing.
    • Ample parking, walkable layout, and electric vehicle charging stations.

    Overview

    Kensington Valley Outlets, under new local ownership, management, and leasing, offers retail spaces anchored by nationally recognized retailers such as J. Crew, H&M, Polo Ralph Lauren, and Nike. Situated at the I-96 & Highland Road interchange, the property benefits from excellent visibility and signage to I-96, which sees 56,814 vehicles per day. The location is easily accessible from four of the top-ranked Metropolitan Statistical Areas in the state, with a combined population exceeding 5.6 million, and key drive markets including Detroit, Lansing, Ann Arbor, and Flint. The property features ample parking, a walkable layout, and electric vehicle charging stations. Weekend food trucks and seasonal events are planned to drive traffic.
    Location Intelligence

    Current Use by Public Records

    Casual Male XL ... Clothing & Fashion Store J L Nails Nail Salon Chico's Off The Rack Clothing & Fashion Store COACH Outlet (Bike/Boat/Book/etc) Store LOFT Outlet Clothing & Fashion Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.996932
    Latitude
    42.622151

    Nearby Similar for Lease

    • $2,750/Mo
      1,320 SF

      Professional Office Building in Howell

      Four-suite professional office building near downtown Howell. Turnkey medical suites.
      1225 W Grand River Avenue, Howell, MI 48843
      View Details
    • $7,000/Mo
      7,000 SF

      Spacious Showroom on Grand River

      7,000 SF showroom with frontage on Grand River Avenue.
      5776 E Grand River Avenue, Howell, MI 48843
      View Details
    • $2,750/Mo
      3,744 SF

      High-Traffic Corner Commercial Opportunity

      Commercial space with high visibility and investment potential in Howell.
      51 Chilson Road, Howell, MI 48843
      View Details
    • $2,400/Mo
      1,692 SF

      High-Traffic Corner Commercial Opportunity

      Commercial space with high visibility and updated features for lease.
      2426 E Grand River Avenue, Genoa, MI 48843
      View Details
    • $2,300/Mo
      8,000 SF

      Howell Industrial Property on M-59

      Flexible industrial space in Howell, Michigan, with high ceilings.
      5640 Highland, Howell, MI 48855
      View Details
    • $1,250/Mo
      500 SF

      Sterling Business Center Office Spaces

      Office spaces available with standard and optional amenities.
      5864 STERLING Dr 370, GenoaTownship_Livingston, MI 48843
      View Details
    • $1,950/Mo
      45,648 SF

      Flex Office-Warehouse Suite with Overhead Door

      An 80/20 office-to-warehouse flex layout with overhead door access and dedicated entry for mixed professional and operational needs.
      5880-5864 Sterling Dr, Howell, MI
      View Details
    • $4,083/Mo
      2,130 SF

      Hartland Township Retail Space Available

      Retail space available in successful Hartland Township strip center.
      1818 N OLD US 23, HartlandTownship_Livingston, MI 48843
      View Details
    • $1,800/Mo

      Downtown Howell Commercial Office Space

      Versatile office space in downtown Howell with private entrance.
      107 W Grand River Ave, Howell, MI 48843
      View Details
    • $12 SF/Yr
      7,000 SF

      Industrial Space for Lease

      7,000 SF industrial property in Howell, MI, for lease.
      5684 East Highland Road, Howell, MI 48843
      View Details
    • $18 SF/Yr

      Retail Space on Grand River

      Retail space with high traffic and great exposure.
      4313 E Grand River Ave, Howell, MI 48843
      View Details
    • $925/Mo

      Furnished Office in McPherson Mansion

      Turnkey office space with shared amenities in a prestigious building.
      915 N Michigan Ave 203, Howell, MI 48843
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in Kensington Valley Outlets.
    Where is this shopping center located?
    The property is located at 1475 N Burkhart Road Howell, MI.
    What are key features of this property?
    This property features: Excellent visibility and signage to I‑96 (56,814 vpd).; Anchored by nationally recognized retailers: J. Crew, H&M, Polo Ralph Lauren, and Nike.; Easily accessible from four of the five top‑ranked Metropolitan Statistical Areas (MSA) in the state, with a combined population of over 5.6 million.
    (248) 855-6800
    We can help!
    Listing Contact
    Jared Gell
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1475 N Burkhart Road | Howell, MI 48855
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!