Property profile

22000 23 Mile Rd Macomb, MI 48042

OFF-MARKET
Retail properties & Spaces
60,000 SF
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Property summary

AI-generated overview

Stratford Plaza, located at 22000 23 Mile Rd, Macomb, MI 48042, offers a 4,030 square foot fully built-out medical office space for lease. This exceptional suite is part of a 60,000 square foot multi-tenant building and boasts a large reception and waiting area, multiple private exam rooms, private office spaces, a conference room, kitchenette, and private restrooms. The space is ideally suited for medical practices or other office users. The property enjoys high visibility, situated on 23 Mile Road in a thriving commercial center. Current tenants include a diverse mix of businesses such as Summit Urgent Care, Leo's Coney Island, Jet's Pizza, an animal hospital, a dry cleaner, a daycare, a dance studio, and more, creating a vibrant and established community. The area is experiencing significant growth with many new homes being built nearby, ensuring a strong and expanding customer base. The property is classified as retail and office, with traditional office and medical office subtypes. The maximum contiguous space available is 4,030 square feet, which is currently vacant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 60,000 SF

Cap rate & NOI

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

Location

22000 23 Mile Rd Macomb, MI 48042
Macomb metro
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Value estimations

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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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