Troy Retail Space For
For Sale
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86 W 14 Mile Rd, Troy, MI 48083
8,329 SF retail space in Troy, Michigan for sale.
Property Size8,329 SF
Price / SF$448.93
Days on Market1669
Property Features for 86 W 14 Mile Rd
General Information
Standard status
Active
Size
8,329 SF
Property subtype
Retail
Lease Type
Absolute Net
Net Operating Income
$215,000
Building Details
Year Built
2022
Tenancy
Single
Listing Agency:
Landmark Commercial Real Estate Services
Listed By:
Daniel Kukes · License #MI 6502361395
(248) 488-2620
Source:
Crexi
Added: Mar 8, 2022
Changed: Aug 8
Last Checked: Jul 28 at 5:21AM
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
Investment Insights
Based on property information with market context.
This retail space, encompassing 8,329 square feet, is available for sale. The property is located in Troy, Michigan. The property is being offered with a 5.75% capitalization rate.
Key Highlights
- 5.75% CAP Rate
- Retail Property
- 8,329 SF of retail space
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,019
Businesses Nearby
37k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 32%
Hotels & Casinos 7%
Home Improvements & Furnishings 3%
Tim Hortons
Dining
8,913 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
5,542 visits/mo
0.4 miles
BP
Shops & Services
5,180 visits/mo
0.4 miles
Shell
Shops & Services
4,763 visits/mo
0.4 miles
Comerica Bank
Shops & Services
3,360 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - 8,329 SF retail space in Troy, Michigan for sale.
Where is this retail space located?
The property is located at 86 W 14 Mile Rd Troy, MI.
What is the asking price?
The asking price for this property is $3,739,131.
What are key features of this property?
This property features: 5.75% CAP Rate; Retail Property; 8,329 SF of retail space
