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    32990 Middlebelt Rd Farmington Hills, MI 48334

    Sponsored
    For Lease
    Contact for pricing

    792 SF Storefront, High Traffic Area

    Lot size:
    50,592 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 792 square foot retail storefront is located within the vibrant Broadway Plaza in Farmington Hills, Michigan, at 32990 Middlebelt Rd, zip code 48334. The space is part of a larger 50,592 square foot multi-tenant retail center experiencing significant revitalization. Currently, there is one available unit ideal for a variety of retail or restaurant uses. The property boasts excellent visibility and high foot traffic due to its strategic location on Middlebelt Road and proximity to 14 Mile Road. The center benefits from recent renovations undertaken by a new tenant, Johnny Pomodoro's, enhancing the overall appeal and attracting a strong customer base. This prime location offers a unique opportunity for businesses seeking high visibility and a thriving commercial environment in a well-established Farmington Hills neighborhood. The space is ready for immediate occupancy, presenting a chance to establish or expand your business in a dynamic and convenient setting. The address is easily accessible and provides ample parking for customers and employees. This is an excellent opportunity to secure a retail space in a revitalized center with strong existing tenants and high traffic counts. Serious inquiries are encouraged to explore this exceptional retail opportunity.

    Property Features for 32990 Middlebelt Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,592 SF

    Unit(s) available at that property

    Space
    Space 1
    Size
    792 SF

    HighLights

    • 792 square foot retail storefront available for lease at 32990 Middlebelt Rd, Farmington Hills, MI 48334.
    • Located in the revitalized Broadway Plaza, a 50,592 square foot multi‑tenant retail center.
    • High visibility and foot traffic due to Middlebelt Road location and proximity to 14 Mile Road.
    • Suitable for various retail or restaurant uses; immediate occupancy.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3391337
    Latitude
    42.5287515

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    FAQs

    What type of property is this?
    Restaurant - 792 SF Storefront, High Traffic Area
    Where is this restaurant located?
    The property is located at 32990 Middlebelt Rd Farmington Hills, MI.
    What are key features of this property?
    This property features: 792 square foot retail storefront available for lease at 32990 Middlebelt Rd, Farmington Hills, MI 48334.; Located in the revitalized Broadway Plaza, a 50,592 square foot multi-tenant retail center.; High visibility and foot traffic due to Middlebelt Road location and proximity to 14 Mile Road.
    Request Owner's contact information
    32990 Middlebelt Rd Farmington Hills, MI 48334
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    Farmington Hills, MI 48334
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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
    32990 Middlebelt Rd Farmington Hills, MI 48334
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