Listing Agency: NAI Farbman Southfield

Listed By: Brad Margolis · License #MI 6501371948 Show Phone

Source: Crexi

Added: Apr 16, 2019 Changed: Aug 31 Last Checked: Sep 7 at 10:01AM

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Investment Insights

Based on property information with market context.

This commercial real estate offering features a retail space with a property size of 20000 square feet. The property is located on Rochester Road in Troy, Michigan. This property is for sale.

Key Highlights

• No information provided to extract selling points.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods Electrical Service Storage Facility Barber 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.

Location Intelligence

Trade Area within ½ mile

931

Businesses Nearby

283k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 44% Apparel 27% Shops & Services 10% Groceries 8%

Nordstrom Rack Apparel

42,798 visits/mo 0.1 miles

McDonald's Dining

23,675 visits/mo 0.2 miles

Fresh Thyme Market Groceries

21,977 visits/mo 0.3 miles

Burger King Dining

16,517 visits/mo 0.1 miles

REI Apparel

16,113 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for sale on Rochester Road.

Where is this retail space located?

The property is located at 2810-2840 Rochester Rd Troy, MI.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: No information provided to extract selling points.