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    OFF-MARKET
    Lifestyle centers

    510-670 Highland Ave, Milford Charter Township, MI 48381

    5,600 SF
    Property ID
    Property summary
    AI-generated overview

    Prospect Hill Shopping Center, located at 510-670 Highland Avenue in Milford Charter Township, Oakland County, Michigan (zip code 48381), offers a prime retail opportunity. This 5,600 square foot shopping center currently has 5,660 square feet of vacant space available for lease. The minimum leasable space is 1,660 square feet, with a maximum contiguous space of 4,000 square feet. The center boasts a strong anchor tenant: a recently renovated and expanded Kroger with an added fuel station, indicating a thriving and committed presence in the Milford market. This demonstrates the center's robust performance and appeal to shoppers. The property features prominent pylon signage along West Summit Street at the main entrance, providing excellent visibility for tenants. Co-tenants include a diverse range of established businesses such as Great Lakes Ace Hardware, Starbucks, Little Caesars Pizza, Henry Ford Optimeyes, and T-Mobile, creating a synergistic and attractive retail environment. A turn-key former urgent care space is also available for lease. This location offers exceptional visibility and access within Milford's largest and only major grocery-anchored shopping center.

    Property profile
    Verified
    Property type Lifestyle centers
    Total area 5,600 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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