Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    16000-16078 15 Mile Rd Fraser, MI 48026

    Sponsored
    For Lease
    $16 SF/Yr

    Fraser, MI retail/office opportunity. High traffic location.

    Lot size:
    19,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Signature Square, located at 16000-16078 15 Mile Rd in Fraser, Michigan, presents a unique retail and office space opportunity. This single-story, 19,750 square foot Class B building, constructed in 1990, offers multiple suites within a single building, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 2,350 square feet. Currently, 3,550 square feet are vacant, providing an excellent chance for expansion or new tenancy. The property boasts a prime location at the high-traffic corner of 15 Mile and Utica Roads, offering excellent visibility and accessibility. A monument sign is on-site, enhancing brand recognition. The building features 140 total parking spaces and is zoned C-G. Its convenient location places it directly across from major retailers including Meijer, Taco Bell, Auto Zone, Jersey Mike's, and Starbucks, ensuring high foot traffic and customer visibility. The property's APN is 03-11-31-201-001, 03-11-31-100-011, and is situated in Macomb County, Michigan, zip code 48026. There are a total of 11 suites in the building. No elevators are present.

    Property Features for 16000-16078 15 Mile Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,750 SF
    Class
    B
    Total Rate
    27896.88

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    16060
    Size
    1,800 SF
    Rate per SF
    $16

    HighLights

    • High‑traffic corner lot with frontage on Utica Road and 15 Mile Road.
    • Excellent visibility and accessibility due to high traffic counts.
    • On‑site monument signage for superior branding.
    • Shadow‑anchored by Meijer, Taco Bell, AutoZone, Jersey Mike's, and Starbucks.
    • Further details available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fraser
    County
    Macomb
    State
    Michigan
    Longitude
    -82.960094746595
    Latitude
    42.553293524496

    Nearby Similar for Lease

    • Contact for pricing
      11,000 SF

      Fraser Shopping Center: Retail Opportunity

      Macomb County retail space for lease.
      31240 Groesbeck Hwy, Fraser, MI 48026
      View Details
    • $9 SF/Yr
      3,107 SF

      Fraser Warehouse with Groesbeck Frontage

      3,107 SF warehouse/manufacturing space with office for lease.
      33755 Groesbeck Hwy, Fraser, MI 48026
      View Details
    • $9 SF/Yr
      55,960 SF

      Groesbeck Hwy Warehouse Space

      Fraser, MI industrial warehouse space available.
      33755-33785 Groesbeck Hwy, Fraser, MI 48026
      View Details
    • $9 SF/Yr
      32,000 SF

      Fraser Warehouse Space Available

      32,000 SF Warehouse, 4,300 SF Vacant
      33743 Groesbeck Hwy, Fraser, MI 48026
      View Details
    • $14 SF/Yr
      800 SF

      Renovated Retail Center on Groesbeck

      Up to 10,773 SF available in renovated retail center.
      33100-33192 Groesbeck Hwy, Fraser, MI 48026
      View Details
    • $2,535 /Mo

      Renovated Retail Space Available

      Prime commercial space with high visibility and ample parking.
      16773 E 13 Mile Rd, Fraser, MI 48026
      View Details
    • $4,241 /Mo

      Renovated Retail Space Available

      Prime commercial space with high visibility and ample parking.
      16775 E 13 Mile Rd, Fraser, MI 48026
      View Details
    • $9 SF/Yr
      9,768 SF

      Multi-Tenant Retail Center For Lease

      9,768 SF retail center with high visibility and traffic.
      32008-32056 Utica Rd, Fraser, MI 48026
      View Details
    • $22 SF/Yr
      14,040 SF

      Retail Space in High-Traffic Area

      1,167 SF retail space with excellent parking and high visibility.
      Fraser, MI 48026
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Marcin Plaza

      Retail space available in Marcin Plaza on Groesbeck Hwy.
      31896-31938 Groesbeck Hwy, Fraser, MI 48026
      View Details
    • $1,495 /Mo

      Retail Space on High-Traffic Corner

      Retail space available on a high-traffic corner with monument signage.
      16066 15 Mile Rd, Fraser, MI 48026
      View Details
    • $9 SF/Yr
      9,200 SF

      Free Standing Industrial Facility

      9,200 SF freestanding industrial building with truckwell, expansion possibilities.
      17605 Helro Dr, Fraser, MI
      View Details

    FAQs

    What type of property is this?
    Retail property - Fraser, MI retail/office opportunity. High traffic location.
    Where is this retail property located?
    The property is located at 16000-16078 15 Mile Rd Fraser, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: High-traffic corner lot with frontage on Utica Road and 15 Mile Road.; Excellent visibility and accessibility due to high traffic counts.; On-site monument signage for superior branding.
    Request Owner's contact information
    16000-16078 15 Mile Rd Fraser, MI 48026
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16000-16078 15 Mile Rd
    Fraser, MI 48026
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    16000-16078 15 Mile Rd Fraser, MI 48026
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.