Freestanding Ground-Lease Retail
For Sale
Contact for pricing
888 W Big Beaver Road, Troy, MI 48084
Newly developed retail portfolio with four freestanding ground leases and multiple brand-new retail pads, fully occupied on long-term NNN terms.
Property Size30,804 SF
Days on Market129
Property Features for 888 W Big Beaver Road
General Information
Standard status
Active
Size
30,804 SF
Class
Trophy
Total Parking Spaces
1840
Property subtype
Retail, Land
Occupancy
100%
Site & Location
Traffic Count
65,000 vehicles/day
Road Access
Yes
Building Details
Year Built
2018
Tenancy
Multi
Listing Agency:
The Jonna Group at Colliers International
(248) 226-1611
Listed By:
Simon Jonna · License #MI 6501357188
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 14 at 7:50AM
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 The Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
City Center Shoppes is a newly developed, 2018 retail portfolio in Troy, Michigan, comprising four freestanding ground leases structured as absolute net and supported by corporate-backed tenants. The offering also includes brand-new construction retail pads, including two inline retail pads totaling 17,874 square feet and adjacent parking deck retail totaling 12,930 square feet.
The property is 100% occupied, with tenants operating on long-term NNN leases. City Center Shoppes is supported by 1,840 overall parking spaces, including a brand-new, state-of-the-art 1,468-space parking deck. The center is situated within the City Center office complex, a 13-story, 297,530-square-foot mixed-use tower that has undergone extensive renovations and is approximately 95% occupied. Frontage is provided along six-lane thoroughfare Big Beaver Road at its northeast intersection with Crooks Road, with Big Beaver Road totaling well over 65,000 vehicles per day.
The property is 100% occupied, with tenants operating on long-term NNN leases. City Center Shoppes is supported by 1,840 overall parking spaces, including a brand-new, state-of-the-art 1,468-space parking deck. The center is situated within the City Center office complex, a 13-story, 297,530-square-foot mixed-use tower that has undergone extensive renovations and is approximately 95% occupied. Frontage is provided along six-lane thoroughfare Big Beaver Road at its northeast intersection with Crooks Road, with Big Beaver Road totaling well over 65,000 vehicles per day.
Key Highlights
- Newly developed City Center Shoppes retail portfolio with four freestanding ground leases on absolute net, corporate‑backed terms
- 100% occupied retail offering with tenants operating on long‑term NNN leases
- Includes brand‑new retail pads totaling 17,874 SF plus adjacent parking deck retail totaling 12,930 SF
Property Analytics
Property Profile
Current Use
Lease Details
65,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,071
Businesses Nearby
192k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 24%
Hotels & Casinos 5%
Electronics 4%
Yard House
Dining
30,168 visits/mo
0.1 miles
BP
Shops & Services
28,977 visits/mo
0.2 miles
Seasons 52
Dining
14,323 visits/mo
0.1 miles
Shake Shack
Dining
13,242 visits/mo
0.0 miles
Chipotle Mexican Grill
Dining
8,965 visits/mo
0.2 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Newly developed retail portfolio with four freestanding ground leases and multiple brand-new retail pads, fully occupied on long-term NNN terms.
Where is this shopping center located?
The property is located at 888 W Big Beaver Road Troy, MI.
What are key features of this property?
This property features: Newly developed City Center Shoppes retail portfolio with four freestanding ground leases on absolute net, corporate‑backed terms; 100% occupied retail offering with tenants operating on long‑term NNN leases; Includes brand‑new retail pads totaling 17,874 SF plus adjacent parking deck retail totaling 12,930 SF
