Remodeled Retail Nutrition
19005 Silver Parkway Fenton, MI 48430
For Sale
$399,000
Bright remodeled retail space includes offices, break area, and a private restroom, with signage on Silver Parkway.
Property Size1,707 SF
Price / SF$233.74
Days on Market23
Property Features for 19005 Silver Parkway
General Information
Standard status
Active
Size
1,707 SF
Property subtype
Business Opportunity
Lease Term
Cash, Conventional
Building Details
Year Built
2023
Listing Agency:
Signature Sotheby's International Realty Bham
(248) 829-0375
Listed By:
Joanne McGlothlin
(248) 829-0375
Source:
Sabudarealty
Added: Jul 8
Changed: Jul 27
Last Checked: Jul 29 at 1:26PM
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 Signature Sotheby's International Realty Bham
Investment Insights
Based on property information with market context.
This remodeled retail nutrition and supplement store is move-in ready and designed for a flexible tenant layout. The interior is bright with natural light and includes room for offices, a break area, and a private restroom. The sale also includes new fixtures and shelving, along with coolers and equipment, supporting immediate operation.
Located in the Silver Parkway business district in Fenton Charter Township, the property is positioned just minutes from US-23 and less than 10 miles from I-75. Public remarks note prominent signage along Silver Parkway and steady activity from nearby national retailers, restaurants, and medical offices.
For a purchaser seeking an operational retail space with in-place improvements, this configuration offers a straightforward setup for day-to-day business use.
Located in the Silver Parkway business district in Fenton Charter Township, the property is positioned just minutes from US-23 and less than 10 miles from I-75. Public remarks note prominent signage along Silver Parkway and steady activity from nearby national retailers, restaurants, and medical offices.
For a purchaser seeking an operational retail space with in-place improvements, this configuration offers a straightforward setup for day-to-day business use.
Key Highlights
- Year built 2023 commercial space in the Silver Parkway business district
- Remodeled interior with bright, flexible layout supporting multiple business uses
- Includes office space, break area, and a private restroom
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 | $26.4k | $15.48 |
| − Vacancy | −$1.1k | −$0.65 |
| EGI | $25.3k | $14.83 |
| − OpEx | −$7.6k | −$4.45 |
| NOI | $17.7k | $10.38 |
1,707 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$253.1K
$221.5K – $295.3K
NOI $17,720 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.2K
$314.3K – $419.1K
NOI $25,144 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Bright remodeled retail space includes offices, break area, and a private restroom, with signage on Silver Parkway.
Where is this retail space located?
The property is located at 19005 Silver Parkway Fenton, MI.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Year built 2023 commercial space in the Silver Parkway business district; Remodeled interior with bright, flexible layout supporting multiple business uses; Includes office space, break area, and a private restroom
