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    8023 Grand River Ave Brighton, MI 48114

    Sponsored
    For Lease
    $16 SF/Yr ($13,769 /Mo)

    Brighton, MI Strip Mall Opportunity

    Lot size:
    10,327 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This well-maintained, single-story Class B strip mall, totaling 10,327 square feet, presents a prime retail opportunity in Brighton, Michigan. Located at the high-traffic intersection of Grand River and Hacker Road, this property offers excellent visibility and accessibility. Built in 1987 and renovated in 2005, the center features nine suites, with 5,162 square feet currently vacant, divisible to a minimum of 1,000 square feet and up to 10,327 square feet contiguous. The property sits on 1.5 acres of land and includes 35 parking spaces. The building boasts a 9-foot ceiling height. Zoned B2, this location is ideal for businesses targeting a customer base west of Hilton Road, south of M-59, and east of Door Road. Property taxes are $1 per square foot. The APN is 4712-19-100-072, located in Livingston County, Michigan, with the address 8023 W Grand River Ave, Brighton, MI 48114. No elevators are available.

    Property Features for 8023 Grand River Ave

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,327 SF
    Class
    B
    Total Rate
    13769.33

    Building Details

    Year Built/Renovated
    1987/2005
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 500
    Size
    2,162 SF
    Rate per SF
    $16
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brighton
    County
    Livingston
    State
    Michigan
    Longitude
    -83.793479651024
    Latitude
    42.557779986978

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    FAQs

    What type of property is this?
    Strip mall - Brighton, MI Strip Mall Opportunity
    Where is this strip mall located?
    The property is located at 8023 Grand River Ave Brighton, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    Request Owner's contact information
    8023 Grand River Ave Brighton, MI 48114
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    Brighton, MI 48114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8023 Grand River Ave Brighton, MI 48114
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