8301 12 Mile Rd Warren, MI 48093
This exceptional retail center, totaling 311,000 square feet of gross leasable area (GLA), presents a unique investment opportunity in Warren, Michigan. Strategically located across from the General Motors Tech Center, this property benefits from high visibility and significant foot traffic. A complete renovation in 2015 ensures modern, attractive spaces for tenants. The center boasts 4 available suites, ranging from 2,700 to 4,538 contiguous square feet, with a total of 14,333 square feet currently vacant. The property offers ample parking with 733 spaces, ensuring convenience for customers and employees. Its prime location provides easy access to major roadways and is situated just one mile from St. John Macomb-Oakland Hospital and 2.5 miles from Macomb Community College, guaranteeing a strong customer base. The center is anchored by a collection of well-known national retailers, including Super Walmart, Marshalls, DSW, Old Navy, Five Below, Ulta, Planet Fitness, Skechers, and Carter's, creating a vibrant and attractive shopping destination. Located in Macomb County, at 8301 Twelve Mile Road, Warren, MI 48093, this property offers a compelling combination of location, amenities, and established tenant base, making it an ideal investment for discerning buyers. The multiple suite configuration allows for flexibility in tenant mix and lease terms. This is a rare opportunity to acquire a well-maintained, high-performing retail center in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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