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Regional Shopping Center with Major Anchors

412 W 14 Mile Road, Troy, MI 48083

For Lease
Contact for pricing

JCPenney, Dick’s Sporting Goods, Hobby Lobby and other anchors serve a broad retail and entertainment mix.

Space SizeContact for details
Property Size1,500,000 SF
Days on Market50

Property Features for 412 W 14 Mile Road

General Information

Standard status Active
Size 1,500,000 SF
Property subtype Retail, Office, Special Purpose

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 1,500,000 SF

Spaces For Lease

at 412 W 14 Mile Road
1.5M SF Super-Regional Destination Active
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Listing Agency: Oakland Mall
Listed By: Meghan Burskey · License MI #6501330908
Source: Crexi
Added: Sep 22 Changed: Nov 8 Last Checked: Nov 8 at 2:55PM

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 Oakland Mall

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Investment Insights

Based on property information with market context.

Oakland Mall is a 1.5 million SF shopping center with major anchor tenants including JCPenney, Dick’s Sporting Goods, Sportsman’s Warehouse, Hobby Lobby and At Home. The property also includes space associated with former anchor uses and substantial land under coordinated ownership. Leasing concepts described for the center include retail, dining, entertainment, education, office, medical services and automotive-related formats; some concepts are subject to planning and approvals.

At 412 W. 14 Mile Road in Troy, the center is positioned at I-75, 14 Mile Road and John R Road, with additional regional connectivity near I-696. Access is also served by the local street network. The property has a large surface parking area and multiple mall and anchor entrances. The stated five-mile trade area includes a population of 300,000+ and a daytime population of 375,000+.

Building, pylon and directional signage opportunities are subject to availability and approvals. The property is presented as serving a regional trade area across Oakland, Macomb and Wayne counties.

Key Highlights

  • 1.5 million SF shopping center
  • Anchor tenants include JCPenney, Dick’s Sporting Goods, Sportsman’s Warehouse, Hobby Lobby and At Home
  • Positioned at I‑75, 14 Mile Road and John R Road; near I‑696

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Oakland Mall Shopping Center & Mall Victoria's Secret & PINK ... (Bike/Boat/Book/etc) Store CLEAN Sneaker Care (Bike/Boat/Book/etc) Store Jimmy Jazz Clothing Store Paper Dolls Boutique Clothing Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Storage Facility Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby
555k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 36% Shops & Services 24% Dining 16% Electronics 14%
Kohl's Apparel
79,986 visits/mo 0.4 miles
Micro Center Electronics
60,568 visits/mo 0.3 miles
T.J. Maxx Apparel
56,794 visits/mo 0.4 miles
JCPenney Apparel
45,977 visits/mo 0.2 miles
Michaels Shops & Services
43,159 visits/mo 0.4 miles

Demographics for 48083, MI

24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Troy, MI

$22.46 /SF/Yr
Avg Asking Price
$18–$30.3 /SF/Yr
Price Range
48,032 SF
Avg Space Size

Properties on Market for Shopping centers in Troy

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Madison Place — Madison Place, John R Rd, Madison Heights, MI 48071
  • Campbell Corners — 1465 W 14 Mile Rd, Madison Heights, MI 48071
  • Sunglass Hut at Macy's — 500 W 14 Mile Rd, Troy, MI 48083
  • Oakland Mall — 412 W 14 Mile Rd, Troy, MI 48083
  • Oakland Plaza — 372 John R Rd, Troy, MI 48083

Frequently Asked Questions

What type of property is this?
Shopping center - JCPenney, Dick’s Sporting Goods, Hobby Lobby and other anchors serve a broad retail and entertainment mix.
Where is this shopping center located?
The property is located at 412 W 14 Mile Road Troy, MI.
What are key features of this property?
This property features: 1.5 million SF shopping center; Anchor tenants include JCPenney, Dick’s Sporting Goods, Sportsman’s Warehouse, Hobby Lobby and At Home; Positioned at I‑75, 14 Mile Road and John R Road; near I‑696
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