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Property profile

33025 Grand River Ave Farmington, MI 48336

OFF-MARKET
Retail properties & Spaces
View Sample
74,187 SF Built 1967

Property summary

AI-generated overview

This exceptional retail opportunity presents 4,000 square feet of vacant space within the established Groves Retail Center, located at 33025 Grand River Ave, Farmington, MI 48336. Built in 1967, this 74,187 square foot strip center offers a diverse mix of commercial tenants, including restaurants and a gym, creating a vibrant and high-traffic environment. The property is ideally suited for a variety of retail uses, with a maximum contiguous space of 7,750 square feet available for lease. The center's location on Grand River Avenue ensures high visibility and accessibility for customers. This is a multi-tenant property, providing a collaborative and thriving business atmosphere. The available space offers significant potential for growth and success within a well-established and successful retail center. A five-year lease is available next to Dearborn Music, providing a strong anchor tenant and increased foot traffic. This is an excellent opportunity to establish or expand your business in a prime Farmington location. The property's convenient location and established tenant base make it an attractive investment for businesses seeking a thriving retail environment. The available space is ready for immediate occupancy. Contact us today to learn more about this exceptional retail opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1967
Total area 74,187 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Department Store
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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