Property summary
Somerset Plaza offers a unique retail opportunity in a thriving Oakland County location. This renovated 4,039 square foot shopping center boasts a diverse tenant mix, creating a synergistic environment for businesses. Currently, one space, measuring 1 square foot, is available for lease. The center enjoys a strategic position within close proximity to the affluent communities of Birmingham, Bloomfield Hills, and Troy, benefiting from the high traffic volume generated by the nearby Somerset Mall. Existing tenants include well-established and successful businesses such as Planet Fitness, Premier Pet Supply, and First Watch Café, along with several new-to-market businesses. This ensures a strong customer base and a vibrant atmosphere. The surrounding area is anchored by major retailers including Target, Kohl's, Kroger, Home Depot, and Whole Foods, further enhancing the location's appeal and drawing a significant consumer base. This is an exceptional opportunity to establish a presence in a high-demand retail location with strong existing tenants and a proven track record of success. The property is classified as a multi-tenant shopping center. The available space is ideal for a business seeking exposure in a well-established and high-traffic area. Contact us today to learn more about this exceptional retail opportunity.
Property profile
VerifiedCap rate & NOI
Current use
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Spa & Massage Center
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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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