Property profile

510-670 Highland Ave Milford Charter Township, MI 48381

OFF-MARKET
Lifestyle centers
5,600 SF
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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

Location

510-670 Highland Ave Milford Charter Township, MI 48381
Milford Charter Township metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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