Retail Investment
For Sale
Contact for pricing
27810-27830 23 Mile Road, New Baltimore, MI 48051
Retail investment with a stated 6.60% cap rate and approximately 7,098 SF of space.
Property Size7,098 SF
Days on Market122
Property Features for 27810-27830 23 Mile Road
General Information
Standard status
Active
Size
7,098 SF
Property subtype
Retail
Additional Details
Cap Rate
6.6%
Building Details
Tenancy
Multi
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Doug Passon · License #MI 6502361821
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 6:59AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
For sale retail property presented as a stabilized investment, with PublicRemarks citing a 6.60% CAP and total space of 7,098 SF.
The property is located at 27810–27830 23 Mile Road in New Baltimore, MI 48051. Additional lease, tenant, and unit-level details were not provided in the information submitted.
Interested parties should confirm income, operating expenses, and the exact rent structure through the offering materials.
The property is located at 27810–27830 23 Mile Road in New Baltimore, MI 48051. Additional lease, tenant, and unit-level details were not provided in the information submitted.
Interested parties should confirm income, operating expenses, and the exact rent structure through the offering materials.
Key Highlights
- Retail investment with a stated 6.60% cap rate
- Approximately 7,098 SF of retail space
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
975k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 27%
Dining 23%
Shops & Services 16%
Groceries 13%
Target
Superstores
86,507 visits/mo
0.2 miles
Meijer
Groceries
81,954 visits/mo
0.4 miles
Kohl's
Apparel
60,724 visits/mo
0.3 miles
T.J. Maxx
Apparel
45,999 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
37,975 visits/mo
0.5 miles
Demographics for 48051, MI
17,718
Population
7,255
Households
2.4
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
1,248
Density / Sq Mi
$89,923
Median Household Income
$50,569
Median Earnings
$1,064
Median Rent
$247,500
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?
Retail space - Retail investment with a stated 6.60% cap rate and approximately 7,098 SF of space.
Where is this retail space located?
The property is located at 27810-27830 23 Mile Road New Baltimore, MI.
What are key features of this property?
This property features: Retail investment with a stated 6.60% cap rate; Approximately 7,098 SF of retail space
