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    OFF-MARKET
    Retail properties & Spaces

    118-138 Highland Rd, Howell, MI 48843

    102,275 SF
    Property ID
    Property summary
    AI-generated overview

    This thriving 102,275 square foot shopping center in Howell, Michigan presents a unique opportunity for retail businesses. Anchored by a Kroger grocery store, this multi-tenant property boasts excellent visibility and accessibility. Situated at the northwest corner of Highland Road (M-59) and Oak Grove Roads, the center benefits from multiple points of ingress and egress off Highland Road, ensuring convenient access for customers. Currently, there are six available spaces ranging from 1,542 to 6,712 contiguous square feet, with a total of 13,286 square feet currently vacant. The property features ample parking, a significant advantage for shoppers and patrons. The center's existing tenant mix caters to daily needs, making it an ideal location for a variety of businesses, including service-oriented enterprises, medical practices, and restaurants. The property's location in Livingston County provides access to a strong consumer base. This is a prime opportunity to establish a presence in a well-established and highly trafficked retail center. Ample power is available to accommodate various business needs.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 102,275 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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