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    OFF-MARKET
    Lifestyle centers

    16777 13 Mile Rd, Roseville, MI 48026

    4,783 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 4,783 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
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