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Mixed-Use Development with Retail
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591 W Big Beaver Rd, Troy, MI 48084

Planned project combining retail, apartments, and hotel uses along Big Beaver Road.

Space Size3,589 SF
Days on Market162

Property Features for 591 W Big Beaver Rd

General Information

Standard status Active
Size 3,589 SF
Net Rentable 3,589 SF
Property subtype Retail
Zoning BB

Space & Availability

Available Space 3,589 SF
Contiguous Space 3,589 SF
Space Use Retail

Additional Details

Road Access Yes
Listing Agency: CMP Real Estate Group
Listed By: Anthony Sesi · License #6501379218
Source: Cpix.resimplifi
Added: Mar 24 Changed: Aug 30 Last Checked: Aug 30 at 11:16PM

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 CMP Real Estate Group

Investment Insights

Based on property information with market context.

Planned for 591 W Big Beaver Rd, the mixed-use development combines retail, multifamily residential, and hospitality components in one project. The program includes 3,589 SF of retail space, 40 apartments, and an 80-room hotel. The property is zoned BB.

The site fronts Big Beaver Road in Troy, within a corridor serving Troy, Birmingham, Rochester Hills, and surrounding communities. Nearby destinations include Somerset Collection, the 224,000 SF University of Michigan medical center, and Troy Motor Mall. The surrounding area includes a substantial office concentration and a daytime population measured within a five-mile radius. Traffic counts along Big Beaver Road surpass 100,000 vehicles per day.

Key Highlights

  • 3,589 SF of planned retail space
  • 40 apartments and an 80‑room hotel included in the development program
  • Zoned BB

Property Analytics

Current Use

Fronteras Tacos & Tequila Restaurant 1942 Tacos & Tequila Restaurant

Suggested Use

Top Pick Building Supply Storage Facility Auto Parts Store Nail Salon Auto Repair Shop Grocery & Convenience Store

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
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,967
Businesses Nearby

Demographics for 48084, MI

16,364
Population
7,402
Households
2.2
Avg Household Size
37
Median Age
73%
College-Educated
99%
High-School Grad
6.2 sq mi
ZIP Area
2,639
Density / Sq Mi
$106,004
Median Household Income
$71,494
Median Earnings
$1,648
Median Rent
$420,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Planned project combining retail, apartments, and hotel uses along Big Beaver Road.
Where is this mixed-use property located?
The property is located at 591 W Big Beaver Rd Troy, MI.
What are key features of this property?
This property features: 3,589 SF of planned retail space; 40 apartments and an 80‑room hotel included in the development program; Zoned BB
More about this property
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