Neighborhood Retail Center
For Lease
$12 SF/Yr
27500 Schoolcraft Rd, Livonia, MI 48150
Five retail suites are available in an established neighborhood shopping center with existing tenants.
Space Size1,000 SF - 3,500 SF
Property Size24,725 SF
Days on Market50
Property Features for 27500 Schoolcraft Rd
General Information
Standard status
Active
Size
1,000 SF - 3,500 SF
Property subtype
Retail
Lease Term
Gross
Building Details
Building Size
24,725 SF
Spaces For Lease
at 27500 Schoolcraft Rd Contact us- Size
- 1,000 SF
- Type
- Office Building
- Term
- Negotiable
- Rate
- Contact for pricing
Space 1
- Size
- 1,000 SF
- Type
- Office Building
- Term
- Negotiable
- Rate
- Contact for pricing
Space 2
- Size
- 1,000 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Space 4
- Size
- 1,600 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Space 5
- Size
- 3,500 SF
- Term
- Negotiable
Space 3 $12/SF/Yr
Show more
Listing Agency:
Keystone Commercial Real Estate
Listed By:
Ryan Kattoo · License #6502370579
(248) 406-7112
Source:
Keystonecres
Added: Jul 26
Changed: Sep 3
Last Checked: Sep 13 at 9:03AM
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 Keystone Commercial Real Estate
Investment Insights
Based on property information with market context.
Buckingham Plaza is a 24,725-square-foot neighborhood retail center offering five retail suites for lease in a long-established setting along Schoolcraft Road. The center features a diversified existing tenant mix, including Snookers Pool & Pub, BBS Distilleries, and Prime Cleaners. The property is designed to support a variety of neighborhood-serving uses, with convenient storefront access and signage opportunities.
The center provides connectivity to the broader region via nearby access to I-96, I-275, and M-14. It is also positioned minutes from Laurel Park Place, Schoolcraft College, and St. Mary Mercy Livonia Hospital, supporting consistent day-to-day activity.
With a well-known presence in the Northwest Detroit market, Buckingham Plaza offers an in-place neighborhood shopping environment with ample parking and visibility along the Schoolcraft Road corridor.
The center provides connectivity to the broader region via nearby access to I-96, I-275, and M-14. It is also positioned minutes from Laurel Park Place, Schoolcraft College, and St. Mary Mercy Livonia Hospital, supporting consistent day-to-day activity.
With a well-known presence in the Northwest Detroit market, Buckingham Plaza offers an in-place neighborhood shopping environment with ample parking and visibility along the Schoolcraft Road corridor.
Key Highlights
- 24,725 SF neighborhood retail center on Schoolcraft Road in Livonia, MI.
- Five retail suites available for lease ranging from 1,000 to 3,500 SF.
- Existing diversified tenant mix includes Snookers Pool & Pub, BBS Distilleries, and Prime Cleaners.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
66k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 32%
Hotels & Casinos 11%
Home Improvements & Furnishings 6%
Tim Hortons
Dining
21,517 visits/mo
0.1 miles
BP
Shops & Services
11,603 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,835 visits/mo
0.2 miles
Dollar General
Shops & Services
8,819 visits/mo
0.1 miles
Holiday Inn Express & Suites Detroit Northwest - Livonia
Hotels & Casinos
3,606 visits/mo
0.1 miles
Demographics for 48150, MI
26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Livonia, MI
$14.83 /SF/Yr
Avg Asking Price
$12–$18 /SF/Yr
Price Range
21,626 SF
Avg Space Size
This space is priced 19% below the average of $14.83 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Quick-Tag — Meijer, 13000 Middlebelt Rd, Livonia, MI 48150
- Millennium Park — Middlebelt Rd & Schoolcraft Rd, Livonia, MI 48154
Frequently Asked Questions
What type of property is this?
Shopping center - Five retail suites are available in an established neighborhood shopping center with existing tenants.
Where is this shopping center located?
The property is located at 27500 Schoolcraft Rd Livonia, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 24,725 SF neighborhood retail center on Schoolcraft Road in Livonia, MI.; Five retail suites available for lease ranging from 1,000 to 3,500 SF.; Existing diversified tenant mix includes Snookers Pool & Pub, BBS Distilleries, and Prime Cleaners.
