Kroger-Anchored Shopping
For Sale
Contact for pricing
26417 Hoover Rd, Warren, MI 48089
Community retail center with national necessity-oriented tenants and multiple access points.
Property Size281,910 SF
Days on Market132
Property Features for 26417 Hoover Rd
General Information
Standard status
Active
Size
281,910 SF
Property subtype
Retail
Occupancy
88%
Investment Type
Value Add
Site & Location
Anchor Co-Tenants
Kroger, Dunham’s Sports, Harbor Freight, Dollar Tree, Shoppers World
Traffic Count
32,000 vehicles/day
Road Access
Yes
Building Details
Year Built
1973
Year Renovated
1989
Buildings
3
Units
43
Tenancy
Multi
Listing Agency:
Cushman & Wakefield - Nashville, Tennessee
Listed By:
Evan Halkias · License #IL 475120259
Source:
Crexi
Added: Apr 22
Changed: Aug 31
Last Checked: Aug 31 at 2:52AM
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 Cushman & Wakefield - Nashville, Tennessee
Investment Insights
Based on property information with market context.
Hoover Eleven is a 281,910-square-foot shopping center anchored by Kroger, which has operated at the property for over 50 years and recently completed a 10-year lease extension. The tenant roster also includes Dunham’s Sports, Harbor Freight, Dollar Tree, and Shoppers World. Built in 1973, the center is approximately 89% occupied and has a 4.9-year weighted-average lease term.
The property is positioned just south of Interstate 696 in Warren, Michigan, with multiple points of ingress and egress. Traffic exposure totals 177,000+ vehicles per day, including more than 32,000 vehicles directly on Hoover Road. The center serves surrounding high-density residential neighborhoods and functions as a primary retail destination for its immediate trade area.
The property is positioned just south of Interstate 696 in Warren, Michigan, with multiple points of ingress and egress. Traffic exposure totals 177,000+ vehicles per day, including more than 32,000 vehicles directly on Hoover Road. The center serves surrounding high-density residential neighborhoods and functions as a primary retail destination for its immediate trade area.
Key Highlights
- 281,910 SF shopping center anchored by Kroger
- Kroger has operated at the property for over 50 years
- Kroger recently executed a new 10 year lease extension
Property Analytics
Current Use
Lease Details
32,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
305
Businesses Nearby
326k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 26%
Groceries 16%
Home Improvements & Furnishings 16%
Kroger
Groceries
51,661 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
40,440 visits/mo
0.3 miles
Dollar Tree
Shops & Services
34,540 visits/mo
0.2 miles
Burger King
Dining
20,971 visits/mo
0.3 miles
Dunham's Sports
Apparel
15,149 visits/mo
0.2 miles
Demographics for 48089, MI
32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Shopping center - Community retail center with national necessity-oriented tenants and multiple access points.
Where is this shopping center located?
The property is located at 26417 Hoover Rd Warren, MI.
What are key features of this property?
This property features: 281,910 SF shopping center anchored by Kroger; Kroger has operated at the property for over 50 years; Kroger recently executed a new 10 year lease extension
