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    OFF-MARKET
    Industrial properties

    5703-5727 Wayne Rd, Wayne, MI 48184

    5,200 SF 0.54 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully occupied, three-unit retail center ideally situated at 5703-5727 S Wayne Road in Wayne, MI. The property boasts a total of 5,200 square feet on a 0.54-acre lot. All three units are currently leased to long-term tenants, each with a tenancy exceeding 20 years and expressing intentions to renew. This provides immediate and consistent cash flow, with the added potential for significant rental income growth due to below-market rents. The property benefits from its prime location along S Wayne Road, a high-traffic commercial corridor experiencing over 20,000 vehicles daily, ensuring exceptional visibility and accessibility. This strategic position is further enhanced by its proximity to major national retailers such as Kroger, CVS, Dollar General, and McDonald's, creating a robust and established retail hub. The substantial population base of over 150,000 residents within a 5-mile radius guarantees a built-in customer base for the tenants. This turnkey retail center offers a compelling investment opportunity with strong potential for long-term appreciation and passive income. The asking price for this exceptional property is $1,299,000.

    Property profile
    Verified
    Property type Industrial properties
    Total area 5,200 SF
    Lot 0.54 ac (23,522 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
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