Retail Investment Plaza with 17
For Sale
Contact for pricing
30547 Dequindre, Madison Heights, MI 48071
Retail plaza with 17 units across two buildings, fully leased with long-term tenants and a rubber roof replacement in 2024.
Property Size27,700 SF
Lot Size2.46 Acres
Days on Market110
Property Features for 30547 Dequindre
General Information
Standard status
Active
Size
27,700 SF
Total Parking Spaces
173
Lot size
2.46 Acres
Property subtype
Special Purpose
Occupancy
100%
Additional Details
Cap Rate
8.51%
Traffic Count
34,800 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
CENTURY 21 Professionals
Listed By:
Claudia Shamo · License #MI
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 22 at 3:45AM
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 CENTURY 21 Professionals
Investment Insights
Based on property information with market context.
This retail investment plaza includes 17 units totaling 27,700 square feet across two well-kept buildings constructed in 1974 and 1985. The property is 100% occupied with established, long-term tenants. Parking is supported by 173 spaces on 2.46 acres, and the most recent capital improvement includes a new rubber roof installed in 2024.
The plaza is positioned for visibility along Dequindre Road, with the offering noting 34,800 VPD. The ownership period is described as continuous for 29 years.
For performance metrics, the remarks state an 8.51% cap rate, $375,600 in annual income, and $293,476 NOI.
The plaza is positioned for visibility along Dequindre Road, with the offering noting 34,800 VPD. The ownership period is described as continuous for 29 years.
For performance metrics, the remarks state an 8.51% cap rate, $375,600 in annual income, and $293,476 NOI.
Key Highlights
- Retail investment plaza with 17 units and 27,700 sq. ft. on 2.46 acres
- 100% occupied with established, long‑term tenants
- Reported 8.51% cap rate with $375,600 annual income and $293,476 NOI
Property Analytics
Property Profile
Current Use
Lease Details
34,800 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Shops & Services 46%
Hotels & Casinos 3%
Dining 1%
Kroger
Groceries
44,507 visits/mo
0.5 miles
Mobil
Shops & Services
10,140 visits/mo
0.2 miles
7-Eleven
Shops & Services
7,144 visits/mo
0.1 miles
Sunoco
Shops & Services
6,601 visits/mo
0.3 miles
Citgo
Shops & Services
5,935 visits/mo
0.2 miles
Demographics for 48071, MI
28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Secretary of State Self-service Station — 1005 E Thirteen Mile Rd, Madison Heights, MI 48071
Frequently Asked Questions
What type of property is this?
Shopping center - Retail plaza with 17 units across two buildings, fully leased with long-term tenants and a rubber roof replacement in 2024.
Where is this shopping center located?
The property is located at 30547 Dequindre Madison Heights, MI.
What are key features of this property?
This property features: Retail investment plaza with 17 units and 27,700 sq. ft. on 2.46 acres; 100% occupied with established, long‑term tenants; Reported 8.51% cap rate with $375,600 annual income and $293,476 NOI
