2905-2965 Walton Blvd Waterford Township, MI 48329
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.