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    1325-1345 Coolidge Hwy Troy, MI 48084

    For Lease
    Contact for pricing

    Troy, MI Power Center Retail Opportunity

    Lot size:
    600,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Midtown Square offers exceptional retail space within a thriving 77-acre mixed-use development in Troy, Michigan. This power center boasts 600,000 square feet of commercial space, with two available units ranging from 1,444 to 2,272 contiguous square feet. A total of 3,716 square feet is currently vacant, offering immediate occupancy potential. The property is strategically located on the west side of Coolidge Highway between 14 and 15 Mile Roads, providing convenient access to the communities of Birmingham, Berkley, Troy, and Royal Oak. Its prime location is just one mile from downtown Birmingham. Midtown Square benefits from a strong national tenant lineup, including Target (the fourth most visited in Michigan, according to Placer AI), Home Depot, Kohl's, Kroger, Dunham's, Petco, Michael's, Ulta, and other major retailers. The center is also shadow-anchored by Whole Foods and LA Fitness, further enhancing its appeal and drawing significant foot traffic. The property features ample parking, multiple access points from both main roads, and two traffic-controlled entrances, ensuring ease of access for customers and employees. This is a rare opportunity to secure retail space in a high-traffic, well-established power center with a proven track record of success. The minimum divisible space is 1,444 square feet, ideal for a variety of retail or restaurant concepts. Oakland County location.

    Property Features for 1325-1345 Coolidge Hwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    600,000 SF

    Unit(s) available at that property

    Space
    Available space 2
    Size
    2,272 SF
    Space
    Available space 1
    Size
    1,444 SF

    HighLights

    • Retail and restaurant space available in a 600,000 square foot power center.
    • Two spaces available, ranging from 1,444 to 2,272 square feet.
    • 3,716 square feet of vacant space currently available.
    • Located in Oakland County, Michigan, near Birmingham, Berkley, Troy, and Royal Oak.
    • Strong national tenant lineup including Target, Home Depot, Kohl's, Kroger, and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1878009
    Latitude
    42.5453747

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    FAQs

    What type of property is this?
    Restaurant - Troy, MI Power Center Retail Opportunity
    Where is this restaurant located?
    The property is located at 1325-1345 Coolidge Hwy Troy, MI.
    What are key features of this property?
    This property features: Retail and restaurant space available in a 600,000 square foot power center.; Two spaces available, ranging from 1,444 to 2,272 square feet.; 3,716 square feet of vacant space currently available.
    Request Owner's contact information
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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
    1325-1345 Coolidge Hwy Troy, MI 48084
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