Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18099 Silver Pkwy Fenton, MI 48430

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    5,160 SF retail space available in Fenton Shopping Center.

    Type:Retail
    Property size:
    5,160 SF
    Added:
    Oct 13, 2025
    Days on Market:
    171
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 18099 Silver Pkwy

    General Information

    Standard status
    Active
    Size
    5,160 SF
    Property subtype
    Retail

    Spaces For Lease

    at 18099 Silver Pkwy Contact us

    $6 /Mo

    Size
    5,160 SF
    Type
    Retail
    Contact us

    We can help!

    Listing Contact
    Brandon Ben-Ezra
    Brandon Ben-Ezra

    Listing agent Brandon Ben-Ezra License #6505136668

    Listing office NAI Farbman Southfield

    Listing date Oct 13, 2025

    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 NAI Farbman Southfield

    Overview

    Retail Space in Fenton Center

    A 5,160 square foot retail space, formerly a Carter's store, is available for lease at a quoted rate of $22.00 per square foot NNN, with additional expenses of $6.89 per square foot. The property is located within the Fenton Shopping Center, which is shadowed by VG’s Grocery. Other tenants in the shopping center include TJ Maxx, Michaels, Old Navy, Five Below, and Sketchers. National retailers in the surrounding area include ULTA, Famous Footwear, Maurices, Kay Jewelers, Panera Bread, Comerica Bank, Bob Evans, Chase Bank, Discount Tire, Pier 1, Dunham’s, Tractor Supply Company, Walgreens, Buffalo Wild Wings, and Pet Supplies Plus.
    Location Intelligence

    Current Use by Public Records

    OshKosh B'Gosh Clothing & Fashion Store Carter's Clothing & Fashion Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fenton
    County
    Genesee
    State
    Michigan
    Longitude
    -83.741033
    Latitude
    42.792856

    Nearby Similar for Lease

    • Contact for pricing

      Fenton Light Industrial Building

      Renovated warehouse with office, high ceilings, and ample parking.
      1521 E 8 Mile Road, Fenton, MI 48220
      View Details
    • Contact for pricing

      Restored Fenton Commercial Building

      Renovated 1,734 SF commercial building in Fenton's business district.
      16237 Jennings Road, Fenton, MI 48430
      View Details
    • $22/mo

      Retail Space in Fenton Center

      5,160 SF retail space available in Fenton Shopping Center.
      18099 Silver Parkway, Fenton, MI 48430
      View Details
    • $16/mo

      Retail Space on Silver Parkway

      Retail spaces available in a high-visibility, central location.
      18000-18050 Silver Parkway, Fenton, MI 48430
      View Details
    • $22/mo

      Retail Space in Fenton Center

      5,160 SF retail space available in Fenton, Michigan.
      18055-18099 Silver Pkwy, Fenton, MI
      View Details
    • $18/mo

      Retail Spaces in Fenton Center

      Retail spaces available in busy Fenton shopping district.
      3200 Foley Glen Dr, Fenton, MI
      View Details
    • Contact for pricing

      Retail Space on Silver Lake

      Retail spaces available in Fenton's busiest shopping district.
      3100-3210 Silver Lake Rd, Fenton, MI 48430
      View Details
    • $7/mo

      Clean Industrial Facility Near I-75

      Turn-key industrial facility with expansion potential, near I-75.
      12238 N Fenton Rd, Fenton, MI 48430
      View Details
    • $18/mo

      Retail Spaces on Silver Lake Road

      Retail spaces available in Fenton's busiest shopping district.
      3116 West Silver Lake Road, Fenton, MI
      View Details
    • Contact for pricing

      Fenton Industrial Building on 3.5 Acres

      50,000 SF industrial building in rapidly growing Fenton market.
      255 N Alloy Drive, Fenton, MI 48430
      View Details
    • Contact for pricing

      Clean Industrial Facility Near I-75

      Turnkey industrial facility with expansion potential, near I-75.
      12238 Fenton Rd, Fenton, MI 48430
      View Details
    • Contact for pricing

      Retail Space in Growing Market

      Prime retail space available for lease in a growing market.
      18050 Silver Pkwy, Fenton, MI 48430
      View Details

    FAQs

    What type of property is this?
    Retail space - 5,160 SF retail space available in Fenton Shopping Center.
    Where is this retail space located?
    The property is located at 18099 Silver Pkwy Fenton, MI.
    What are key features of this property?
    This property features: Located in Fenton Shopping Center, shadowed by VG's Grocery, a strong grocery operator.; High‑traffic location with established co‑tenants including TJ Maxx, Michaels, Old Navy, Five Below, and Sketchers.; Surrounded by a strong mix of national retailers including ULTA, Panera Bread, and more.
    (947) 517-6226
    We can help!
    Listing Contact
    Brandon Ben-Ezra
    Brandon Ben-Ezra
    Real Estate License ID: 6505136668
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!