Property profile

32838-32888 Warren Rd Garden City, MI 48185

OFF-MARKET
Lifestyle centers
29,561 SF
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Property summary

AI-generated overview

Hunter Park Plaza offers a prime retail investment opportunity in Wayne County. This established shopping center comprises three separate buildings totaling 29,561 square feet, strategically located on the corner of North Venoy and Warren Road. The property is zoned C-3, allowing for a variety of commercial uses. Currently, there are multiple spaces available for lease, ranging in size from a convenient 1,260 square feet to a substantial 10,880 square feet, providing flexibility for various business needs. Beyond the existing buildings, an attractive approximately 1.5-acre parcel is also available for sale or a build-to-suit development, presenting an exceptional opportunity for expansion or the creation of a new retail space tailored to specific requirements. This presents a unique chance to acquire a well-positioned retail property with significant potential for growth and income generation. The existing buildings offer established retail space, while the vacant land provides the potential for future development, making this a versatile and attractive investment. The property's prominent corner location ensures high visibility and accessibility, attracting a substantial customer base. This is an exceptional opportunity for investors seeking a strong retail presence in a thriving market. The combination of existing buildings and available land provides a unique opportunity to capitalize on both immediate income and future development potential.

Property profile

Verified
Property type Lifestyle centers
Total area 29,561 SF

Cap rate & NOI

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

Location

32838-32888 Warren Rd Garden City, MI 48185
Garden City 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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