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Retail Investment Property
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41601 Garfield Road, Clinton Township, MI 48038

Retail property offered for sale with a stated 7.00% CAP and 87,543 SF total area.

Property Size87,543 SF
Days on Market134

Property Features for 41601 Garfield Road

General Information

Standard status Active
Size 87,543 SF
Property subtype Retail

Additional Details

Cap Rate 7%
Listing Agency: NAI Farbman Southfield
Listed By: Ron Goldstone · License #MI 6502102638
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 6:17PM

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 NAI Farbman Southfield

Investment Insights

Based on property information with market context.

This for-sale retail property totals 87,543 SF and is presented with a stated 7.00% CAP.

The asset is located at 41601 Garfield Road in Clinton Township, MI 48038.

For buyers seeking a retail investment with the provided performance metric, this offering provides the size and capitalization rate as key underwriting inputs based on the information available in the listing materials.

Key Highlights

  • Retail property for sale with a stated 7.00% CAP
  • Total building area: 87,543 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Gym & Fitness Center Restaurant

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

Location Intelligence

Trade Area within ½ mile

548
Businesses Nearby
207k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Dining 33% Groceries 25% Beauty & Spa 1%
Kroger Groceries
52,393 visits/mo 0.2 miles
McDonald's Dining
28,264 visits/mo 0.1 miles
Taco Bell Dining
14,815 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,502 visits/mo 0.3 miles
Pet Supplies Plus Shops & Services
13,938 visits/mo 0.4 miles

Demographics for 48038, MI

44,038
Population
21,395
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
94%
High-School Grad
10.9 sq mi
ZIP Area
4,040
Density / Sq Mi
$78,684
Median Household Income
$44,811
Median Earnings
$1,255
Median Rent
$246,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail property offered for sale with a stated 7.00% CAP and 87,543 SF total area.
Where is this retail space located?
The property is located at 41601 Garfield Road Clinton Township, MI.
What are key features of this property?
This property features: Retail property for sale with a stated 7.00% CAP; Total building area: 87,543 SF
(248) 353-0500 Call to check price and availability
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