Property profile

1001 Welch Rd Commerce Charter Township, MI 48390

OFF-MARKET
Neighborhood centers
16,000 SF
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Property summary

AI-generated overview

Maple Park Plaza offers a prime retail opportunity in the heart of Commerce Township, Oakland County. This vibrant strip center boasts 16,000 square feet of total building space, with 1,500 square feet currently available for lease. The space is ideal for a variety of businesses, from cafes to boutiques, offering versatile potential for a new tenant. Located on a highly visible corner lot, the property benefits from prominent monument signage, ensuring maximum exposure to the high volume of traffic on Welch Road. Immediate occupancy is available, allowing for a quick and seamless transition into this thriving commercial hub. The plaza already houses established businesses such as Lulu's Coney Island and Biggby Coffee, creating a strong and diverse tenant mix. The location provides convenient access to a wealth of amenities and attractions within Commerce Township, including a variety of shopping, dining, and recreational options. The surrounding area features a mix of locally owned businesses and larger retail establishments, creating a vibrant and diverse commercial landscape. This is an exceptional opportunity to establish a presence in a bustling and well-established commercial center. The available space presents a unique chance to become part of a thriving community and benefit from the high visibility and convenient location.

Property profile

Verified
Property type Neighborhood centers
Total area 16,000 SF

Cap rate & NOI

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

Location

1001 Welch Rd Commerce Charter Township, MI 48390
Commerce Charter Township 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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