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    26 Mile Rd & Van Dyke Ave Shelby Township, MI 48316

    For Lease
    Contact for pricing

    Retail spaces available, high-traffic location.

    Lot size:
    255,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity is situated within a thriving, 30-acre shopping center anchored by major national brands including Kroger, T.J. Maxx, LA Fitness, Petco, and Ulta. Two spaces are currently available, ranging from 1,450 to 2,600 contiguous square feet, with a total of 4,050 square feet of vacant space within the 255,000 square foot building. The property enjoys a prime location at the southwest corner of 26 Mile Road and Van Dyke Avenue in Macomb County, benefiting from exceptional visibility and accessibility. The surrounding area boasts a strong demographic profile, with average household incomes exceeding $138,000 within a three-mile radius. This ensures a robust customer base for your business. The center's strategic location is further enhanced by its proximity to other major retailers such as Target, Kohl's, The Home Depot, Michaels, and Meijer, creating a synergistic retail environment. Convenient dining options are also readily available nearby, including Chili's, Buffalo Wild Wings, and Panera Bread. A full-service freeway interchange is located approximately half a mile away, providing easy access for customers and employees. This presents a unique opportunity to establish your business in a high-demand, high-traffic location with significant potential for growth and success. Minimum divisible space is 1,450 square feet.

    Property Features for 26 Mile Rd & Van Dyke Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    255,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,450 SF
    Space
    Available Space 1
    Size
    2,600 SF

    HighLights

    • Retail property totaling 255,000 square feet.
    • Multiple tenancies available.
    • Spaces range from 1,450 to 2,600 contiguous square feet; 4,050 square feet currently vacant.
    • Located in Macomb County.
    • Anchored by Kroger, T.J. Maxx, LA Fitness, Petco, and Ulta; nearby Target, Kohl's, Home Depot, Michaels, and Meijer.
    • Strong demographics: average household income over $138,000 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0353385
    Latitude
    42.7136263

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    FAQs

    What type of property is this?
    Retail property - Retail spaces available, high-traffic location.
    Where is this retail property located?
    The property is located at 26 Mile Rd & Van Dyke Ave Shelby Township, MI.
    What are key features of this property?
    This property features: Retail property totaling 255,000 square feet.; Multiple tenancies available.; Spaces range from 1,450 to 2,600 contiguous square feet; 4,050 square feet currently vacant.
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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
    26 Mile Rd & Van Dyke Ave Shelby Township, MI 48316
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