Property profile

18771 Traditions Dr Northville, MI 48167

OFF-MARKET
Retail properties & Spaces
78,421 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the vibrant Northville Park Place shopping center at 18771 Traditions Drive, Northville, MI 48167. The property offers a total of 78,421 square feet of retail space, currently featuring a 4,500 square foot vacant unit available for lease. This space presents a flexible layout, with a minimum divisible space of 1,274 square feet and a maximum contiguous space of 4,500 square feet, ideal for a variety of retail businesses. The shopping center's strategic location in Wayne County, Michigan, ensures high visibility and accessibility for customers. The property's address is easily accessible from major roadways, providing convenient access for both customers and employees. This is a fantastic chance to establish or expand your retail presence in a thriving community. The available space is ready for immediate occupancy, offering a blank canvas for your business vision. The property is classified as a multi-tenant shopping center, providing a synergistic environment with established businesses. This presents an excellent opportunity to benefit from the existing customer base and foot traffic. Don't miss this chance to secure a prime retail location in a desirable area. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Retail properties & Spaces
Total area 78,421 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
  • Specialty Food Shop
  • Grocery & Convenience Store Food Market

Location

18771 Traditions Dr Northville, MI 48167
Northville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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