Property profile

8196 Dixie Hwy Charter Township of Berlin, MI 48166

OFF-MARKET
Lifestyle centers
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Property summary

AI-generated overview

This exceptional retail opportunity is located in a recently updated plaza in Monroe County. The property offers a flexible layout, with the option of leasing a single 1,000 square foot unit or combining two units for a total of 2,000 square feet. The plaza is situated on a 1.33-acre lot and enjoys a high-traffic location, averaging 4,200 cars daily. Its strategic placement adjacent to Fermi III and alongside a thriving convenience store ensures excellent visibility and foot traffic. The space is ideal for a variety of retail, restaurant, or service-based businesses. The property is a single-building shopping center with multiple suites, currently offering one available space. This is a gross lease arrangement, simplifying the financial aspects of tenancy. The building's recent updates ensure a modern and attractive environment for both businesses and customers. The high daily traffic count, combined with the existing successful tenant, presents a compelling investment opportunity for businesses seeking a strong presence in a busy commercial area. The 1,000 square foot unit provides ample space for a variety of business models, while the option to expand to 2,000 square feet offers scalability for growing enterprises. This location offers a unique blend of convenience and high visibility, making it an attractive proposition for businesses seeking a thriving commercial environment.

Property profile

Verified
Property type Lifestyle centers

Cap rate & NOI

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

Location

8196 Dixie Hwy Charter Township of Berlin, MI 48166
Charter Township of Berlin 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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