Retail Center Adjacent to
20732-20758 Pontiac Trail, South Lyon, MI 48178
For Sale
Contact for pricing
Available retail suites with resurfaced parking and strong visibility beside a high-volume Kroger.
Property Size19,565 SF
Price / SF$0.01
Days on Market144
Property Features for 20732-20758 Pontiac Trail
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Year Built
Properties For Sale
at 20732-20758 Pontiac Trail
Suite 20734
Size
1,365 SF
Term
Negotiable
Listing Agency:
KJ Commercial
Listed By:
Kevin Jappaya, CCIM · License MI #6502380656
(248) 931-1980
Source:
Kjcre
Added: Jun 24
Changed: Nov 4
Last Checked: Nov 12 at 4:59AM
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 KJ Commercial
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Investment Insights
Based on property information with market context.
A retail center offering 1,365 to 1,400 SF of available space, suited for a variety of neighborhood-serving uses. The property benefits from ample on-site parking, and the parking lot has been resurfaced, supporting straightforward tenant and customer access.
The available suites are positioned for visibility next to a high-volume Kroger at 20732–20758 Pontiac Trail in South Lyon, MI. The center is described as being minutes from Downtown South Lyon, with an existing mix of surrounding retail and service users. Other tenants mentioned include Kroger and Anytime Fitness, along with additional retailers and operators within the same center.
This offering is a practical fit for retailers or service businesses looking to establish themselves alongside a strong grocery anchor and in a center with established daytime traffic from nearby fitness use. With parking already refreshed and the suites located next to Kroger, tenants should be able to support convenient customer visits while benefiting from the draw of the existing tenant mix.
The available suites are positioned for visibility next to a high-volume Kroger at 20732–20758 Pontiac Trail in South Lyon, MI. The center is described as being minutes from Downtown South Lyon, with an existing mix of surrounding retail and service users. Other tenants mentioned include Kroger and Anytime Fitness, along with additional retailers and operators within the same center.
This offering is a practical fit for retailers or service businesses looking to establish themselves alongside a strong grocery anchor and in a center with established daytime traffic from nearby fitness use. With parking already refreshed and the suites located next to Kroger, tenants should be able to support convenient customer visits while benefiting from the draw of the existing tenant mix.
Key Highlights
- 1,365–1,400 SF retail suites available
- Ample parking with a resurfaced parking lot
- Excellent visibility next to a high‑volume Kroger
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,065
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,300
$301.3K
Cap Rate 7%
$215,214
$215.2K
Cap Rate 9%
$167,389
$167.4K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$23.5K $16.80/SF
− Vacancy
−$2.0K −$1.43/SF
EGI
$21.5K $15.37/SF
− OpEx
−$6.5K −$4.61/SF
NOI
$15.1K $10.76/SF
Area
Oakland County, MI
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,300
Cap Rate 7%
$215,214
Cap Rate 9%
$167,389
Alternative Uses
Best Use
Retail
$215.2K
$188.3K – $251.1K
NOI $15,065 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$302.0K
$264.2K – $352.3K
NOI $21,138 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
116k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 25%
Groceries 23%
Home Improvements & Furnishings 7%
Busch's Fresh Food Market
Groceries
26,806 visits/mo
0.4 miles
McDonald's
Dining
21,296 visits/mo
0.4 miles
Dollar Tree
Shops & Services
17,296 visits/mo
0.4 miles
Taco Bell
Dining
11,070 visits/mo
0.4 miles
Pet Supplies Plus
Shops & Services
9,320 visits/mo
0.4 miles
Demographics for 48178, MI
36,858
Population
14,402
Households
2.6
Avg Household Size
42
Median Age
53%
College-Educated
98%
High-School Grad
48.0 sq mi
ZIP Area
768
Density / Sq Mi
$130,781
Median Household Income
$70,253
Median Earnings
$1,231
Median Rent
$392,300
Median Home Value
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Market
Average Price Trend$/SF for Shopping centers in Oakland County, MI
Properties on Market for Shopping centers in Oakland County
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Coinstar Kiosk | Bitcoin ATM — Kroger - Michigan, 20730 Pontiac Trail, South Lyon, MI 48178
- Brookdale Square — 22331 Pontiac Trail, South Lyon, MI 48178
Frequently Asked Questions
What type of property is this?
Shopping center - Available retail suites with resurfaced parking and strong visibility beside a high-volume Kroger.
Where is this shopping center located?
The property is located at 20732-20758 Pontiac Trail South Lyon, MI.
What are key features of this property?
This property features: 1,365–1,400 SF retail suites available; Ample parking with a resurfaced parking lot; Excellent visibility next to a high‑volume Kroger
