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    30,000 SF Retail Opportunity Title is generated by Realmo AI

    45290 Utica Park Blvd, Utica, MI 48315

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    Single tenant retail space available for sale.

    Type:Retail
    Property size:
    30,000 SF
    Price / SF:
    $83/SF
    Added:
    Mar 17, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 20 at 12:01 am

    Property Features for 45290 Utica Park Blvd

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1993

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    Danielle Turpin
    Danielle Turpin

    Listing office Atlantic Capital Partners

    Listing date Mar 17, 2026

    Source Crexi

    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 Atlantic Capital Partners

    HighLights

    • 30,000 SF Single Tenant building.
    • Features 2nd & Charles as a tenant.
    • Year Built: 1993.

    Overview

    This property features a 30,000 square foot retail space. The property is currently occupied by a single tenant, 2nd & Charles.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $360.0k $12.00
    − Vacancy −$43.2k −$1.44
    EGI $316.8k $10.56
    − OpEx −$95.0k −$3.17
    NOI $221.8k $7.39
    30,000 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.17M
    $2.77M – $3.70M (±1% cap)
    NOI $221,760 @ 7.0% cap · market cap 8.87%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $5.62M
    $4.91M – $6.55M (±1% cap)
    NOI $393,154 @ 7.0% cap · market cap 15.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Macomb
    State
    Michigan
    Longitude
    -83.007928
    Latitude
    42.627654

    FAQs

    What type of property is this?
    Retail space - Single tenant retail space available for sale.
    Where is this retail space located?
    The property is located at 45290 Utica Park Blvd Utica, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 30,000 SF Single Tenant building.; Features 2nd & Charles as a tenant.; Year Built: 1993.
    More about this property
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