Property profile

15803-16015 Southfield Rd Allen Park, MI 48101

OFF-MARKET
Neighborhood centers
43,468 SF
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Property summary

AI-generated overview

This exceptional retail strip center, located at 15803-16015 Southfield Road in Allen Park, Michigan, presents a prime opportunity for businesses seeking high visibility and convenient access. The property boasts a total of 43,468 square feet, with 4,375 square feet currently available for lease. The center is zoned C2, offering flexibility for a variety of retail uses. Built in 2009 and renovated in the same year, the property is well-maintained and features modern amenities. Its strategic location in Allen Park, Wayne County, within the 48101 zip code, ensures high traffic volume and excellent exposure to a substantial customer base. The multiple-tenancy setup provides a vibrant and diverse shopping environment, attracting a wide range of customers. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving retail market. The property's spacious layout and convenient access make it an attractive option for a variety of retail ventures. The available 4,375 square feet offers ample space for a significant retail operation or the potential for subdivision to accommodate multiple smaller tenants. Don't miss this chance to secure a prime retail space in a high-demand location.

Property profile

Verified
Property type Neighborhood centers
Total area 43,468 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15803-16015 Southfield Rd Allen Park, MI 48101
Allen Park metro
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Value estimations

Realmo proprietary · 4 methods
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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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