Property profile

22115 Michigan Ave Dearborn, MI 48124

OFF-MARKET
Power centers
26,285 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 22115-22199 Michigan Avenue in Dearborn, Michigan, 48124. The property is a three-building power center totaling 26,285 square feet, offering multiple tenancy options. Currently, there is no vacant space, however, flexible lease terms are available for spaces ranging from a minimum of 1,348 square feet to a maximum contiguous space of 5,950 square feet. The property's prime location on Michigan Avenue ensures high visibility and significant foot traffic, making it ideal for a variety of retail businesses. The address is easily accessible, providing convenient access for customers and employees. With a total of 26,000 buildable square feet across the three buildings, this property presents a unique chance to establish or expand a retail presence in a thriving Dearborn community. The property's strong location and flexible space options make it an attractive investment for businesses seeking a high-impact retail location. Interested parties should inquire about current lease terms and availability. This power center offers a robust opportunity for businesses seeking a prominent location in a busy commercial area.

Property profile

Verified
Property type Power centers
Total area 26,285 SF

Cap rate & NOI

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

Location

22115 Michigan Ave Dearborn, MI 48124
Dearborn metro
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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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