16325 E Eleven Mile Rd Roseville, MI 48066
Retail space available for purchase.
Property Features for 16325 E Eleven Mile Rd
General Information
- Standard status
- Active
- Size
- 2,190 SF
- Property subtype
- Retail
Listing office CMP Real Estate Group (248) 538-2000
Listing date Dec 13, 2022
Source Crexi
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 CMP Real Estate Group
Investment Insights
Based on property information with market context.
Key Highlights
- For sale
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $12.00 |
| − Vacancy | −$3.2k | −$1.44 |
| EGI | $23.1k | $10.56 |
| − OpEx | −$6.9k | −$3.17 |
| NOI | $16.2k | $7.39 |
