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    8811 Newburgh Rd Livonia, MI 48150

    For Lease
    Contact for pricing

    CVS-anchored shopping center; 2,260 sq ft available.

    Lot size:
    26,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Four Oaks Plaza offers a prime retail opportunity with 2,260 square feet currently available for lease. This space is situated within a thriving shopping center anchored by a CVS Pharmacy, ensuring high foot traffic and visibility. The center's strategic location directly across the street from Churchill High School provides access to a substantial student population and their families. The total building size encompasses 26,500 square feet, indicating a well-established and sizable retail complex. Ample parking is available for both tenants and customers, enhancing convenience and accessibility. The property's classification includes Shopping Center, Retail Center, and Restaurant, suggesting versatility in potential tenant types. The multiple-tenancy structure fosters a vibrant and collaborative retail environment. This space presents a unique chance to establish or expand a business within a well-positioned and successful shopping center. The available space is ideal for a variety of retail uses, offering significant potential for growth and profitability. Interested parties should inquire for lease terms and conditions. Please note that certain business inquiries are confidential and should not be approached directly.

    Property Features for 8811 Newburgh Rd

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,500 SF

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    2,260 SF

    HighLights

    • Retail property totaling 26,500 square feet.
    • Currently features multiple tenants.
    • 2,260 square feet of vacant space available for lease.
    • CVS‑anchored shopping center.
    • Located across from Churchill High School.
    • Ample parking available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CVS Photo Passport Photo Processor CVS Drug Store CVS Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm Citizens ATM Atm

    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
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4116091
    Latitude
    42.3535837

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    FAQs

    What type of property is this?
    Shopping mall - CVS-anchored shopping center; 2,260 sq ft available.
    Where is this shopping mall located?
    The property is located at 8811 Newburgh Rd Livonia, MI.
    What are key features of this property?
    This property features: Retail property totaling 26,500 square feet.; Currently features multiple tenants.; 2,260 square feet of vacant space available for lease.
    Request Owner's contact information
    8811 Newburgh Rd Livonia, MI 48150
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    Livonia, MI 48150
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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
    8811 Newburgh Rd Livonia, MI 48150
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