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Property profile & analytics
OFF-MARKET
Lifestyle centers

2905-2965 Walton Blvd Waterford Township, MI 48329

15,344 SF Built 1979
Property ID
Property summary
AI-generated overview

Springhill Plaza presents a unique investment opportunity in the thriving Rochester Hills market. This Class A, 15,344 square foot shopping center, situated on a 1.65-acre lot, offers excellent visibility along Walton Boulevard. Built in 1979 and recently under new ownership for the first time since its construction, the center benefits from a prime location directly across the street from Whole Foods and The Village of Rochester Hills, a high-end lifestyle center. Currently, there are two available spaces, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,000 square feet; a total of 4,200 square feet is currently vacant. The center is zoned B1 and boasts a strong tenant mix including Sherwin Williams, Pizza Hut, State Farm, Mario's Hair Salon, and an Urgent Care. This presents a compelling opportunity for businesses seeking high-traffic exposure in a desirable, affluent community. The property's established tenant base and strategic location provide a solid foundation for future growth and profitability. The available space is ideal for a variety of retail uses, offering significant potential for expansion or diversification within the center. Oakland County's robust economy and strong demographics further enhance the investment appeal of this exceptional property.

Property profile
Verified
Property type Lifestyle centers
Year built 1979
Total area 15,344 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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