8959 Wayne Rd Livonia, MI 48150
This exceptional retail opportunity presents a 1,200 square foot space within an 8,400 square foot strip center located at 8959 Wayne Road in Livonia, Michigan, zip code 48150. The property, built in 1966, boasts ample parking with 100 spaces available for customers and tenants. The available suite offers 1,200 square feet of contiguous space, ideal for a variety of retail uses. The minimum divisible space is also 1,200 square feet. This well-located center is situated on Wayne Road, south of Ann Arbor Trail and north of Joy Road, providing excellent visibility and accessibility. The property is a multi-tenant building, offering a vibrant and established retail environment. The total building size is 8,400 square feet. This presents a fantastic chance to establish or expand your retail business in a high-traffic area of Livonia. The property's convenient location and ample parking make it an attractive option for both businesses and customers. This is a rare opportunity to secure a space in a well-established retail center.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.