16777 13 Mile Rd Roseville, MI 48026
- Lifestyle centers
- 4,783 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 16777 13 Mile Rd
- Property size
- 4,783 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 4,783 square foot shopping center presents a compelling value-add opportunity in the thriving Roseville, Michigan market. Located at 16777 E Thirteen Mile Rd, Fraser, MI 48026, this newly constructed property is currently configured as a multi-tenant retail space with four existing tenants. The property is offered for sale at $900,000, representing a price per square foot of $188.17. The lease type is NNN. The strong demographics of the area are highly attractive to investors. Within a one-mile radius, there are over 13,740 residents, and within five miles, a substantial 308,880 residents reside. The average household income within this radius is $68,408, and the average home value is $137,387. The average age of the population is 41.5 years. This prime location offers significant potential for future growth and strong returns on investment. Individual unit sizes range from 895 to 2,994 square feet, presenting flexibility for various business types. This is a rare opportunity to acquire a brand-new, multi-tenant retail center in a high-demand area. The property's strategic location and strong demographics make it an ideal investment for discerning buyers seeking a value-add opportunity. This property is ready for immediate occupancy.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roseville
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9474
- Latitude
- 42.5241
