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    OFF-MARKET
    Lifestyle centers

    7300 Orch Lk Rd, West Bloomfield Township, MI 48322

    37,391 SF
    Property ID
    Property summary
    AI-generated overview

    Gateway Center, a premier shopping center in Oakland County, presents a unique investment opportunity. The entire 37,391 square foot building is currently vacant, offering a blank canvas for a visionary developer or retailer. Strategically located at the northwest corner of Orchard Lake and 14 Mile Roads, this property benefits from exceptional visibility and accessibility. The site boasts a strong anchor tenant history, previously home to popular national retailers and restaurants including Kohl's, Whole Foods, Picklerage, Henry Ford Optimeyes, and J. Alexander's, demonstrating the area's robust consumer base. This location is characterized by a high-density population with significant daytime and household traffic, high average incomes, and excellent traffic counts. Ample parking is available for customers and employees. The property's convenient access to major thoroughfares such as Orchard Lake Road, 14 Mile Road, and Northwestern Highway ensures easy commutes and convenient access for shoppers. This fully vacant shopping center presents a rare chance to establish a new retail destination in a thriving market with a proven track record of success. The substantial square footage offers significant potential for redevelopment or lease to multiple tenants. This is an exceptional opportunity to capitalize on a prime location in a high-demand area.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 37,391 SF
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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