17820 Eureka Rd, Southgate, MI 48195
Retail space for sale with month-to-month tenant.
- Added:
- Mar 23, 2026
- Days on Market:
- 106
- Last Refresh:
- Mar 25 at 8:41 am
Property Features for 17820 Eureka Rd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1971
Listing office Andrew Colburn
Listing date Mar 23, 2026
Source Crexi
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 Andrew Colburn
HighLights
- Tenant in place providing immediate income.
- Month‑to‑month lease offers flexibility.
- Gross monthly income of $3,700.
- Great opportunity on Eureka Rd.
- Built in 1971.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $14.40 |
| − Vacancy | −$4.3k | −$0.86 |
| EGI | $67.7k | $13.54 |
| − OpEx | −$20.3k | −$4.06 |
| NOI | $47.4k | $9.48 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Southgate
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2205173
- Latitude
- 42.1991514
