Property profile

36577-37001 Warren Rd Westland, MI 48185

OFF-MARKET
Power centers
215,415 SF 18.45 ac lot Built 1992
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Property summary

AI-generated overview

This exceptional 215,415 square foot power center, situated in Westland, MI's thriving Southern I-275 Corridor, presents a unique investment opportunity. Located at 36901 Warren Road, at the signalized intersection of Warren Road and Central City Parkway, this property boasts over 35,000 vehicles per day, ensuring maximum brand visibility. The center features two buildings, each single-story, totaling six suites. Currently, 115,980 square feet are available, with spaces ranging from 33,131 to 49,718 contiguous square feet. Built in 1992 and renovated in 1994, the property sits on 18.45 acres and offers ample parking with 1024 spaces. Its prime location is adjacent to major national retailers, Meijer and Lowe's, further enhancing its appeal. The property is zoned commercial (APN: 56 030 99 0003 717, 56 030 99 0003 713, Wayne County) and benefits from three ingress/egress points. The high-performing intersection and prominent signage opportunities along a major thoroughfare provide unparalleled exposure. The surrounding area boasts a population exceeding 262,000 within a five-mile radius, situated in one of Michigan's fastest-growing cities.

Property profile

Verified
Property type Power centers
Year built 1992
Total area 215,415 SF
Lot 18.45 ac (803,682 SF)

Cap rate & NOI

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

Location

36577-37001 Warren Rd Westland, MI 48185
Westland metro
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Value estimations

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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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