510-670 Highland Ave, Milford Charter Township, MI 48381
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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