Property profile

89 Long Lake Rd Troy, MI 48098

OFF-MARKET
Neighborhood centers
112,541 SF
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Property summary

AI-generated overview

Sunset Plaza Shopping Center, located at 89 E Long Lake Rd in Troy, Michigan, presents a unique opportunity for retail businesses seeking high-visibility space in a thriving community. This established strip center boasts a total of 112,541 square feet on an 8.98-acre lot, zoned B-2. Currently, three spaces are available, offering flexible sizes to accommodate various business needs. Space #101E offers 2,000 square feet, while space #69 provides 3,000 square feet, and space #113A encompasses 3,641 square feet. The minimum divisible space is 2,000 square feet, with a maximum contiguous space of 3,641 square feet. A total of 8,641 square feet is currently vacant, providing immediate occupancy potential. The property's location in Oakland County, with the APN T2N, R11E, SEC 10 S 720 FT OF W 720 FT OF W 1\/2 OF SW 1\/4 EXC S 265, ensures excellent access and visibility. This is an exceptional opportunity to establish or expand your retail presence in a prime Troy location. The property's multiple tenancy structure offers a diverse and vibrant shopping environment, attracting a wide range of customers. Contact us today to learn more about this exciting opportunity and secure your ideal retail space.

Property profile

Verified
Property type Neighborhood centers
Total area 112,541 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Service Center Corporate Office

Location

89 Long Lake Rd Troy, MI 48098
Troy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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