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    118-138 Highland Rd Howell, MI 48843

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    For Lease
    Contact for pricing

    Kroger-anchored shopping center; spaces available.

    Lot size:
    102,275 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This thriving 102,275 square foot shopping center in Howell, Michigan presents a unique opportunity for retail businesses. Anchored by a Kroger grocery store, this multi-tenant property boasts excellent visibility and accessibility. Situated at the northwest corner of Highland Road (M-59) and Oak Grove Roads, the center benefits from multiple points of ingress and egress off Highland Road, ensuring convenient access for customers. Currently, there are six available spaces ranging from 1,542 to 6,712 contiguous square feet, with a total of 13,286 square feet currently vacant. The property features ample parking, a significant advantage for shoppers and patrons. The center's existing tenant mix caters to daily needs, making it an ideal location for a variety of businesses, including service-oriented enterprises, medical practices, and restaurants. The property's location in Livingston County provides access to a strong consumer base. This is a prime opportunity to establish a presence in a well-established and highly trafficked retail center. Ample power is available to accommodate various business needs.

    Property Features for 118-138 Highland Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,275 SF

    Unit(s) available at that property

    Space
    unit 16
    Size
    1,542 SF
    Space
    Unit 2
    Size
    1,620 SF
    Space
    Unit 7
    Size
    1,706 SF
    Space
    Unit 8
    Size
    1,706 SF
    Space
    Unit 11
    Size
    6,712 SF
    Space
    Unit 7 and 8
    Size
    3,412 SF

    HighLights

    • Kroger‑anchored shopping center in Howell, MI.
    • Excellent ingress/egress from Highland Road (M‑59).
    • Located at the northwest corner of Highland (M‑59) and Oak Grove Roads.
    • 1,542 - 6,712 sq. ft. of small shop space available for lease.
    • Ample parking.
    • Ideal for service, medical, and restaurant uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Howell
    County
    Livingston
    State
    Michigan
    Longitude
    -83.9245117
    Latitude
    42.6224981

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    FAQs

    What type of property is this?
    Retail property - Kroger-anchored shopping center; spaces available.
    Where is this retail property located?
    The property is located at 118-138 Highland Rd Howell, MI.
    What are key features of this property?
    This property features: Kroger-anchored shopping center in Howell, MI.; Excellent ingress/egress from Highland Road (M-59).; Located at the northwest corner of Highland (M-59) and Oak Grove Roads.
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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
    118-138 Highland Rd Howell, MI 48843
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