Property profile

22555 Greenfield Plz Southfield, MI 48075

OFF-MARKET
Retail properties & Spaces
104,650 SF
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Property summary

AI-generated overview

Greenfield Plaza offers a remarkable 104,650 square foot single-tenant retail space for lease in Oakland County. This prime location boasts excellent visibility and accessibility, featuring multiple ingress and egress points conveniently situated off 9 Mile and Greenfield Roads. The property benefits from its strategic adjacency to Ascension Providence Hospital and its position directly across the street from the Advance Building. This presents a unique opportunity to capitalize on significant foot traffic and established commercial activity in the area. Furthermore, the upcoming Northland City Center redevelopment project, located nearby, promises to dramatically increase the population density and retail demand. This extensive project will encompass 1,300 apartment units across nine buildings, each featuring ground-floor retail space. The property's exceptional accessibility is further enhanced by its proximity to major thoroughfares, including M-10, Northwestern Highway, and I-696, ensuring convenient access for both customers and employees. The space is currently vacant and ready for immediate occupancy. Join established tenants 5th Avenue Furniture and Family Dollar at this thriving commercial center. This is an unparalleled opportunity to establish a significant retail presence in a rapidly developing area with high growth potential. The sheer size of the space allows for a wide range of retail concepts and configurations. The property's location and accessibility make it an ideal choice for businesses seeking high visibility and convenient access for their customers.

Property profile

Verified
Property type Retail properties & Spaces
Total area 104,650 SF

Cap rate & NOI

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

Location

22555 Greenfield Plz Southfield, MI 48075
Southfield 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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