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Property profile

32395-32443 Northwestern Hwy Farmington Hills, MI 48334

OFF-MARKET
Retail properties & Spaces
View Sample
13,254 SF

Property summary

AI-generated overview

This exceptional commercial property, Tri Atria Shopping Center, offers a prime retail and office space opportunity in the thriving Farmington Hills, MI market. The single-story building totals 13,254 square feet and features 100 parking spaces, ensuring convenient access for customers and employees. Currently, a 1,600 square foot space is available for lease. The property boasts a highly desirable location on Northwestern Highway, south of 14 Mile Road, directly adjacent to The Home Depot. This strategic placement provides excellent visibility and accessibility, benefiting from high traffic counts and a dedicated turn lane. The B-3 General Business zoning allows for a variety of uses. The center is situated within a dynamic office district, offering a strong customer base. With prominent signage opportunities and storefront parking, this location ensures maximum exposure. The surrounding area demographics are robust, with 167,585 residents within a 5-mile radius, presenting a significant potential customer pool. Easy access to major roadways further enhances the property's appeal. This is an unparalleled opportunity to establish a successful business in a high-traffic, well-established commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 13,254 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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