Cornerstone Plaza Retail
For Sale
Contact for pricing
23647-23881 Greenfield Road, Southfield, MI 48075
Retail redevelopment underway with national tenants and outlot opportunities.
Property Size122,783 SF
Days on Market343
Property Features for 23647-23881 Greenfield Road
General Information
Standard status
Active
Size
122,783 SF
Property subtype
Retail
Building Details
Building Size
122,783 SF
Properties For Sale
at 23647-23881 Greenfield Road Contact us- Size
- 4,000 SF
- Term
- Negotiable
2
- Size
- 1,800 SF
- Term
- Negotiable
3
- Size
- 4,000 SF
- Term
- Negotiable
Former Restaurant
- Size
- 1,800 SF
- Term
- Negotiable
Outlots
Listing Agency:
Mid America Real Estate - Michigan Inc
(248) 855-6800
Listed By:
Eric Unatin
Source:
Midamericagrp
Added: Sep 12, 2025
Changed: Aug 19
Last Checked: Aug 20 at 5:54AM
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 Mid America Real Estate - Michigan Inc
Investment Insights
Based on property information with market context.
Redevelopment is underway at Cornerstone Plaza, a 127,710 square foot neighborhood power center. Ross Dress For Less, Burlington, and Five Below have recently committed to the center, backfilling the space formerly occupied by Kroger. All three tenants are slated to open in Q3 2025. Two outlots fronting Greenfield Road are available for lease, including a drive-thru opportunity. Cornerstone Plaza is situated just north of Providence Hospital, a 459-bed healthcare facility with approximately 2,900 employees. The property is also located in close proximity to the new Northland City Center redevelopment, a $403 million development with 1,500 residential units and additional commercial space.
Key Highlights
- Redevelopment underway anchored by Ross Dress For Less, Burlington, and Five Below.
- Tenants slated to open in Q3 2025, offering immediate future value.
- Located near Providence Hospital, a 459‑bed facility with approximately 2,900 employees.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,093
Businesses Nearby
67k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 40%
Electronics 6%
Shell
Shops & Services
12,722 visits/mo
0.3 miles
Arby's
Dining
8,593 visits/mo
0.3 miles
Outback Steakhouse
Dining
8,426 visits/mo
0.1 miles
Five Guys
Dining
8,263 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,863 visits/mo
0.4 miles
Demographics for 48075, MI
22,967
Population
10,757
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,146
Density / Sq Mi
$67,630
Median Household Income
$43,417
Median Earnings
$1,284
Median Rent
$218,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Power center - Retail redevelopment underway with national tenants and outlot opportunities.
Where is this power center located?
The property is located at 23647-23881 Greenfield Road Southfield, MI.
What are key features of this property?
This property features: Redevelopment underway anchored by Ross Dress For Less, Burlington, and Five Below.; Tenants slated to open in Q3 2025, offering immediate future value.; Located near Providence Hospital, a 459‑bed facility with approximately 2,900 employees.
