Retail Investment
For Sale
Contact for pricing
28315 Grand River Ave, Farmington Hills, MI 48336
For sale retail property with a stated 7% cap rate and approximately 2,755 square feet of space.
Property Size2,755 SF
Days on Market129
Property Features for 28315 Grand River Ave
General Information
Standard status
Active
Size
2,755 SF
Property subtype
Retail
Additional Details
Cap Rate
7%
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 23 at 7:34AM
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.
This for-sale retail investment property is offered with a stated 7% cap rate and approximately 2,755 square feet of retail space.
The property is located at 28315 Grand River Ave in Farmington Hills, Michigan.
The listing is focused on the existing income profile, with the provided details centered on retail use and the stated cap rate for the building.
The property is located at 28315 Grand River Ave in Farmington Hills, Michigan.
The listing is focused on the existing income profile, with the provided details centered on retail use and the stated cap rate for the building.
Key Highlights
- Retail property for sale with a stated 7% cap rate
- Approximately 2,755 SF retail space
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 22%
Electronics 3%
Groceries 1%
Mobil
Shops & Services
15,583 visits/mo
0.4 miles
White Castle
Dining
13,051 visits/mo
0.4 miles
Dollar General
Shops & Services
8,257 visits/mo
0.4 miles
BP
Shops & Services
7,483 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
3,601 visits/mo
0.4 miles
Demographics for 48336, MI
26,802
Population
12,296
Households
2.2
Avg Household Size
42
Median Age
44%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,882
Density / Sq Mi
$85,325
Median Household Income
$54,077
Median Earnings
$1,141
Median Rent
$247,600
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 - For sale retail property with a stated 7% cap rate and approximately 2,755 square feet of space.
Where is this retail space located?
The property is located at 28315 Grand River Ave Farmington Hills, MI.
What are key features of this property?
This property features: Retail property for sale with a stated 7% cap rate; Approximately 2,755 SF retail space
