360 Martin Luther King Jr Blvd N, Pontiac, MI 48342
For Sale
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This exceptional retail opportunity presents a 11,207-square-foot freestanding building situated on a 2.27-acre lot in Pontiac, Michigan. Located at 360 Martin Luther King Jr Blvd N, this property boasts a highly visible location at the intersection of Martin Luther King Jr Boulevard, Featherstone, and University Drive, ensuring maximum exposure for any business. The building features a convenient drive-thru window, adding significant operational flexibility. Its versatile layout offers ample space for customization, making it suitable for a wide range of retail or service-oriented businesses. The absolute NNN lease type provides a straightforward ownership structure. The property is currently vacant, presenting a blank canvas for a new tenant to establish their presence in this thriving area. With its spacious interior and prime location, this property represents a significant investment opportunity in a high-traffic area of Oakland County, Michigan, with a zip code of 48342. The expansive lot size provides ample parking and potential for future expansion. This is a rare chance to acquire a substantial retail space in a desirable location with excellent visibility and accessibility. The asking price is $2,600,000.
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Olaolu A. Akinbiyi, BPharm Pharmacy
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Ryan P. Browne, PharmD Pharmacy
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higi Physician
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Rite Aid Photo (Bike/Boat/Book/etc) Store
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Rite Aid #04301 Medical Laboratory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Pontiac, MIPontiac. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.