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OFF-MARKET
Retail properties & Spaces

14 Mile Rd Troy, MI 48083

Property ID
Property summary
AI-generated overview

This exceptional 4-acre retail outlot presents a unique investment opportunity within the thriving Oakland Mall in Troy, Michigan. Strategically located at the intersection of I-75 and John R Road, this single-tenant property benefits from unparalleled visibility and accessibility. The site is part of a larger retail complex boasting over 100 stores, including major anchors such as Macy's, JCPenney, Dick's Sporting Goods, Hobby Lobby, and At Home. This ensures a high volume of foot traffic and significant brand exposure for any business occupying the space. The property's proximity to The Oakland Plaza, another successful retail center featuring Home Goods, Five Below, Kohl's, Barnes & Noble, T.J. Maxx, and Planet Fitness, further enhances its desirability and potential for success. This location offers a strong demographic profile and a robust consumer base, making it an ideal location for a variety of retail concepts, restaurants, or bars. The property's size and location provide ample opportunity for development and customization to suit specific business needs. This is a rare chance to secure a prime retail space in a highly sought-after area with exceptional visibility and access to a large and diverse customer base. The property's location within a well-established and successful retail environment guarantees a strong foundation for any new business venture.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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