Property summary
This exceptional retail investment opportunity presents a 21,756 square foot shopping center situated on a 2.9-acre lot at 44905 Morley Dr, Clinton Township, Michigan 48036. The property boasts a prominent location with Hall Road frontage, providing excellent visibility and accessibility. Currently operating at 56% occupancy, this multi-tenant property offers a diverse mix of uses, including a turn-key restaurant complete with fixtures, furniture, equipment (FF&E), and a readily transferable liquor license. A 2,444 square foot white box space is immediately available for lease, presenting a significant opportunity for additional income generation. The property is zoned B-2, allowing for a variety of commercial uses. The asking price is $3,200,000, translating to a price per square foot of $147.09. Convenient access to I-94 ensures high traffic flow and easy commutes for both tenants and customers. Aggressive rental rates are currently in place, offering significant potential for increased revenue. This well-maintained property is priced to sell and represents a compelling investment opportunity in a thriving commercial area. The property's location in Macomb County, Michigan, offers a strong market for retail businesses.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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