44905 Morley Dr, Clinton Township, MI 48036
Retail space available for purchase in Clinton Township, Michigan.
- Added:
- May 22, 2024
- Days on Market:
- 776
- Last Refresh:
- May 12 at 10:42 pm
Property Features for 44905 Morley Dr
General Information
- Standard status
- Active
- Size
- 21,756 SF
- Property subtype
- Retail
Listing office Landmark Commercial Real Estate Services (313) 570-2026
Listing date May 22, 2024
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 Landmark Commercial Real Estate Services
HighLights
- No property information was provided to analyze.
Overview
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 | $261.1k | $12.00 |
| − Vacancy | −$31.3k | −$1.44 |
| EGI | $229.7k | $10.56 |
| − OpEx | −$68.9k | −$3.17 |
| NOI | $160.8k | $7.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clinton Township
- County
- Macomb
- State
- Michigan
- Longitude
- -82.867739
- Latitude
- 42.629166
