Property profile

40700-40820 Garfield Rd Clinton Township, MI 48038

OFF-MARKET
Shopping centers
15,384 SF Built 1988
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Property summary

AI-generated overview

Pinewood Plaza offers a prime retail opportunity in Macomb County. This well-maintained, single-story Class B plaza totals 15,384 square feet, situated on a 1.8-acre lot. Currently, 5,400 square feet of retail space is available, divisible to a minimum of 1,200 square feet and with a maximum contiguous space of 2,400 square feet. Built in 1988, the property features 75 parking spaces and is conveniently located near the intersection of 18 Mile Road. The property is zoned B2, allowing for a variety of retail uses. The building is comprised of one building with no elevators. The property's APN is 11-17-100-025. The landlord is willing to provide a "white box" unit build-out for qualified tenants. This presents a fantastic opportunity for businesses seeking a move-in ready space in a thriving retail location. The property's excellent condition and convenient location make it an ideal investment for discerning businesses. Further details are available upon request.

Property profile

Verified
Property type Shopping centers
Year built 1988
Total area 15,384 SF

Cap rate & NOI

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

Location

40700-40820 Garfield Rd Clinton Township, MI 48038
Clinton Township 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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