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Grocery-Anchored Power Center for Sale
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9169 Telegraph Rd, Redford, MI 48239

Dominant retail asset in a dense Detroit submarket.

Property Size308,078 SF
Days on Market215

Property Features for 9169 Telegraph Rd

General Information

Standard status Active
Size 308,078 SF
Property subtype Retail
Zoning Commercial
Occupancy 95%

Building Details

Year Built 1963
Year Renovated 2006
Buildings 4
Stories 1
Tenancy Multi
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Eli Neuman · License #6501456898
Source: Crexi
Added: Mar 5 Changed: Sep 30 Last Checked: Oct 5 at 4:03PM

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.

Redford Plaza is a grocery-anchored power center serving a dense population of approximately 346,850 residents within a five-mile radius. The retail asset is well-located and stabilized. The property is positioned for investors seeking long-term stability, strong tenant performance, and value enhancement within a dense, high-income suburban Detroit submarket. The tenant lineup is anchored by Sun Valley Market, Burlington, and Ross Dress for Less, complemented by a mix of national, regional, and local daily-needs and service-oriented retailers. The center benefits from high unit-level performance and a tenant mix that drives frequent customer visits. The property offers value-add opportunities, including lease-up potential of 14,150 square feet, mark-to-market rental rate growth, and future densification with the ability to create an outparcel. There is also potential to monetize value through the strategic sale of the single-tenant net lease AutoZone and Clean Express Car Wash. The property size is 308,078 square feet.

Key Highlights

  • Grocery‑anchored power center featuring Sun Valley Market, Burlington, and Ross Dress for Less.
  • Located in a dense, high‑income suburban Detroit submarket with a large population.
  • Stabilized retail asset priced below replacement cost.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby
182k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Dining 26% Apparel 16% Groceries 13%
Aldi Groceries
23,380 visits/mo 0.1 miles
Ross Dress for Less Apparel
18,137 visits/mo 0.2 miles
Dollar Tree Shops & Services
17,525 visits/mo 0.3 miles
Starbucks Dining
15,172 visits/mo 0.3 miles
Wendy's Dining
13,962 visits/mo 0.4 miles

Demographics for 48239, MI

36,814
Population
14,869
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
93%
High-School Grad
9.5 sq mi
ZIP Area
3,875
Density / Sq Mi
$69,373
Median Household Income
$41,113
Median Earnings
$1,355
Median Rent
$145,900
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Tel Joy Shopping Center — 8611 N Telegraph Rd, Dearborn Heights, MI 48127
  • متجر الفواكه دربن هايت — Unnamed Road, Dearborn Heights, MI 48127
  • Redford Plaza — 9323 Telegraph Rd, Redford Charter Twp, MI 48239

Frequently Asked Questions

What type of property is this?
Shopping center - Dominant retail asset in a dense Detroit submarket.
Where is this shopping center located?
The property is located at 9169 Telegraph Rd Redford, MI.
What are key features of this property?
This property features: Grocery‑anchored power center featuring Sun Valley Market, Burlington, and Ross Dress for Less.; Located in a dense, high‑income suburban Detroit submarket with a large population.; Stabilized retail asset priced below replacement cost.
(248) 488-2620 Call to check price and availability
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