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
    Back to Search

    35103 Grand River Ave Farmington, MI 48335

    Sponsored
    For Lease
    $16 SF/Yr

    Grand River Ave. Shopping Center - 6 Spaces Available

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Drakeshire Plaza, a well-maintained Class B shopping center, presents a prime retail investment opportunity on Grand River Avenue in Oakland County. This established center boasts three single-story buildings, totaling multiple spaces available for lease, ranging from 1,200 to 2,800 square feet. Built in 1998 and extensively renovated in 2013, the property benefits from a high-traffic location at the intersection of Grand River Avenue and Drake Road, experiencing a daily traffic count of 20,300 vehicles. The zoning is COMMERCIAL, ensuring flexibility for a variety of retail and restaurant uses. The property's multiple tenancy structure provides a diverse tenant mix, contributing to a stable and attractive investment. This is an excellent chance to secure space in a well-established center with significant foot traffic and visibility in a thriving commercial area. The property's recent renovations ensure modern amenities and a visually appealing environment for tenants and customers alike. The convenient location and established presence make this an ideal opportunity for businesses seeking high visibility and accessibility. Interested parties should inquire about available space and lease terms.

    Property Features for 35103 Grand River Ave

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1998/2013
    Buildings
    3
    Stories
    1

    Unit(s) available at that property

    Space
    Space 35233
    Size
    1,600 SF
    Rate per SF
    $16
    Space
    Space 35159
    Size
    1,400 SF
    Rate per SF
    $16
    Space
    Space 35163
    Size
    1,400 SF
    Rate per SF
    $16
    Space
    Space 35107
    Size
    1,200 SF
    Rate per SF
    $16
    Space
    Space 35227
    Size
    2,800 SF
    Rate per SF
    $16
    Space
    Space 35167
    Size
    1,600 SF
    Rate per SF
    $16

    HighLights

    • Retail/Restaurant Shopping Center in Oakland County.
    • Multiple tenancy, Class B property.
    • Three one‑story buildings totaling approximately 1,200 - 2,800 sq. ft. per space, six spaces available.
    • Constructed in 1998, renovated in 2013.
    • Located on Grand River Ave at Drake Road with 20,300 cars per day traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hungry Howie's Pizza Pizza Delivery

    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
    County
    Oakland
    State
    Michigan
    Longitude
    -83.393969
    Latitude
    42.468604

    Nearby Similar for Lease

    • $1,200 /Mo
      1,200 SF

      Farmington Commercial Space For Lease

      Office or retail space in high-traffic area, $1,200/month NNN.
      24062 Orchard Lake Rd, Farmington, MI 48336
      View Details
    • $2,000 /Mo
      43,000 SF

      High-Traffic Commercial Property in Farmington

      Freestanding commercial property in high-traffic area, suitable for various uses.
      31154 Grand River Ave, Farmington, MI 48336
      View Details
    • $22 SF/Yr
      2,076 SF

      Modern Office Space Available

      Customizable office space with modern amenities and convenient location.
      37000 Grand River Ave, Farmington, MI 48335
      View Details
    • $18 SF/Yr
      74,187 SF

      Groves Retail Center: Farmington, MI

      Prime Farmington Retail Space Available
      33025 Grand River Ave, Farmington, MI 48336
      View Details
    • Contact for pricing
      18,510 SF

      Downtown Farmington Retail Center

      High-traffic retail space, 3 units available
      33181 Farmington Rd, Farmington, MI 48336
      View Details
    • $14 SF/Yr
      3,156 SF

      Mixed-Use Retail and Office Space

      Retail and office spaces in walkable downtown Farmington location.
      32720-32780 Grand River Ave, Farmington, MI 48336
      View Details
    • $1,400 /Mo

      Downtown Farmington Office Space Available

      1,200 sq ft office space in Downtown Farmington.
      33425 Grand River Ave, Farmington, MI 48335
      View Details
    • $18 SF/Yr
      7,556 SF

      Farmington Hills Executive Office Suite

      1,800 SF Office Space Available Now
      30630 Twelve Mile Rd, Farmington, MI 48336
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space with Commercial Kitchen

      Turnkey market with fully equipped commercial kitchen for lease.
      31550-31624 Grand River Ave, Farmington, MI 48336
      View Details
    • $18 SF/Yr
      1,895 SF

      Northwestern Highway Office Space

      Office suite for lease with extensive improvements and upgraded finishes.
      32300 Northwestern Hwy, Farmington, MI 48334
      View Details
    • Contact for pricing
      4,668 SF

      Retail Space in Farmington Center

      Retail space available in shopping center at Grand River.
      33171 Grand River Ave, Farmington, MI 48336
      View Details
    • Contact for pricing
      8,509 SF

      Modernized Office Building For Lease

      Three-story office building with modern amenities and excellent exposure.
      32605 W 12 Mile Rd, Farmington, MI
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Grand River Ave. Shopping Center - 6 Spaces Available
    Where is this lifestyle center located?
    The property is located at 35103 Grand River Ave Farmington, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Retail/Restaurant Shopping Center in Oakland County.; Multiple tenancy, Class B property.; Three one-story buildings totaling approximately 1,200 - 2,800 sq. ft. per space, six spaces available.
    Request Owner's contact information
    35103 Grand River Ave Farmington, MI 48335
    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.
    35103 Grand River Ave
    Farmington, MI 48335
    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
    35103 Grand River Ave Farmington, MI 48335
    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.