13550 9 Mile Rd Oak Park, MI 48237
- Retail properties
- 13,802 SF
- 1.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 13550 9 Mile Rd
- Year built
- 2000
- Lot size
- 1.00 lot acres
- Property size
- 13,802 SF
- Property type
- Retail properties
- Property subtype
- Drug stores
Description
This exceptional 13,802-square-foot freestanding retail building, formerly a Walgreens, presents a unique investment opportunity in Oak Park, Michigan. Located at 13550 W Nine Mile Rd, this single-tenant property boasts a convenient drive-thru and sits on a 1-2 acre lot in a mixed-use downtown zoning area. Constructed in 2000, the building is vacant and offers a net lease opportunity with zero remaining lease term. The property enjoys a prime location at the intersection of Coolidge and 9 Mile Roads, a signalized hard corner with excellent ingress and egress, and benefits from exceptionally high traffic counts exceeding 44,875 vehicles per day. This location is strategically positioned just 1.3 miles west of Ascension Hospital, a 568-bed facility. The surrounding area features a strong concentration of national retailers, including a 24-hour CVS, Family Dollar, Dollar Tree, Tim Hortons, O'Reilly Auto Parts, Citizens Bank, and Valvoline, ensuring high visibility and foot traffic. Furthermore, the property benefits from exceptional demographics, with an average household income exceeding $76,610 and a population of over 367,628 within a 5-mile radius. This presents a compelling opportunity for a variety of retail uses. The property's size, location, and existing infrastructure make it an ideal candidate for redevelopment or repositioning.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Park
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1816
- Latitude
- 42.4605
