Current Use by Public Records
- Lifestyle centers
Property Details for 2905-2965 Walton Blvd
- Year built
- 1979
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waterford Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3456
- Latitude
- 42.6864
