Property profile

24970 Outer Dr Lincoln Park, MI 48146

OFF-MARKET
Retail properties & Spaces
13,680 SF Built 2007
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Property summary

AI-generated overview

This exceptional 13,680 square foot retail and office building, constructed in 2007, offers multiple tenancy options in a prime Lincoln Park, MI location. The single-story building boasts 1,062 to 2,419 square feet of in-line space currently available for lease. This high-quality retail center is strategically positioned at the southwest corner of W. Outer Drive and Dix Toledo Highway, benefiting from exceptional visibility and high traffic counts. Daily traffic on W. Outer Drive exceeds 21,681 vehicles, while Dix Toledo Highway sees over 19,781 vehicles daily. The property is ideally situated within a thriving retail corridor, surrounded by numerous national and regional retailers, including established tenants Family Dollar and Subway. This location offers unparalleled access to a substantial consumer base, with over 279,000 people residing within a five-mile radius. The property includes 55 parking spaces and is zoned MBD (Municipal Business). This presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a densely populated area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2007
Total area 13,680 SF

Cap rate & NOI

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

Location

24970 Outer Dr Lincoln Park, MI 48146
Lincoln Park metro
Google Maps

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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