Property profile

7559 Merriman Rd Romulus, MI 48174

OFF-MARKET
Retail properties & Spaces
1,200 SF
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Property summary

AI-generated overview

This exceptional 1,200 square foot retail space is ideally situated in Leonardo's Plaza, conveniently located just north of Detroit Metropolitan Airport in Romulus, Michigan. The property boasts excellent visibility and signage rights, making it an attractive option for businesses seeking high foot traffic. The single-tenant space features recently renovated office space, complete with fresh paint, a modern coffee bar, and updated floor tiles. This is a sublease opportunity. The gross lease rate is inclusive of base year real estate taxes, building insurance, lawn care, snow removal, and parking lot maintenance, offering a streamlined and cost-effective solution for tenants. The property is zoned COMMERCIAL and is located in Wayne County, Michigan, with the full address being 7559 Merriman Road, Romulus, MI 48174. This turnkey retail space presents a unique opportunity for businesses seeking a well-maintained, conveniently located, and attractive commercial space near a major transportation hub. The property's amenities and all-inclusive lease terms make it an exceptional value in a high-demand area. Contact us today to learn more about this exciting sublease opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,200 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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Building Supply General Contractor

Location

7559 Merriman Rd Romulus, MI 48174
Romulus metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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