Freestanding Building on Grand
9850 E GRAND RIVER AVE Brighton, MI 48116
9850 E GRAND RIVER AVE, Brighton, MI, 48116
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For Sale
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Freestanding building in Brighton's retail corridor, suitable for retail/office.
Property Size2,212 SF
Price / SF$271.25
Days on Market59
Property Features for 9850 E GRAND RIVER AVE
General Information
- Standard status
- Active
- Size
- 2,212 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1995
Listing Agency
KW Commercial
Listed by
Brigs Lulaj · License #MI 6501448878
Source
Crexi
Added: May 22 Checked: Jul 17 at 12:21 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial
Investment Insights
Based on property information with market context.
This freestanding building is located on Grand River in Brighton's retail corridor, offering convenient access to major expressways and high visibility. The property, with a size of 2212 square feet, is suitable for both retail and office use. The open floor plan allows for customization to accommodate various business needs, providing ample space for product displays or office setups.
Key Highlights
- Prime location on Grand River in Brighton's retail corridor.
- Freestanding building offering independence and visibility.
- Easy access to major expressways for customer convenience.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.8k | $18.00 |
| − Vacancy | −$7.1k | −$3.22 |
| EGI | $32.7k | $14.78 |
| − OpEx | −$9.8k | −$4.43 |
| NOI | $22.9k | $10.34 |
2,212 SF · lease $18.00/SF/yr · vacancy 17.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$326.9K
$286.0K – $381.4K
NOI $22,882 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$352.3K
$308.3K – $411.1K
NOI $24,664 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding building in Brighton's retail corridor, suitable for retail/office.
Where is this retail space located?
The property is located at 9850 E GRAND RIVER AVE Brighton, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime location on Grand River in Brighton's retail corridor.; Freestanding building offering independence and visibility.; Easy access to major expressways for customer convenience.
