19213 Newburgh Rd. Livonia, MI 48152

Listing agency Thomas Duke Company f***@thomasduke.com Show Phone

Listed by Frank Rakipi · License #MI 6502366400

Source Crexi

Added: Apr 10 Updated: Jul 22 at 8:08PM Checked: Jul 22 at 8:08PM

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Investment Insights

Based on property information with market context.

This offering presents a portfolio of three stable retail centers, each built by the current ownership. The entire portfolio has been self-managed by the ownership group and is currently 79.4% occupied. The combination of existing occupancy and remaining vacancy creates an opportunity for a new owner to complete lease-up.

The properties are presented as a single portfolio for sale and are intended to provide ownership of neighborhood-scale retail assets with room for improvement through leasing.

Because the centers are being marketed as a cohesive portfolio, the best fit for buyers is an investor or operator seeking multiple retail buildings under one ownership structure, with current operations already in place and vacancy available for re-leasing.

Key Highlights

• Portfolio of three stable retail centers, currently 79.4% occupied
• Upside through lease‑up of existing vacancy across the three centers
• All buildings were built by the current ownership

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FAQs

What type of property is this?

Shopping center - Portfolio of three stable retail centers is currently 79.4% occupied, offering vacancy lease-up potential.

Where is this shopping center located?

The property is located at 19213 Newburgh Rd. Livonia, MI.

What are key features of this property?

This property features: Portfolio of three stable retail centers, currently 79.4% occupied; Upside through lease‑up of existing vacancy across the three centers; All buildings were built by the current ownership