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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

16000-16078 15 Mile Rd Fraser, MI 48026

19,750 SF Built 1990
Property ID
Property summary
AI-generated overview

Signature Square, located at 16000-16078 15 Mile Rd in Fraser, Michigan, presents a unique retail and office space opportunity. This single-story, 19,750 square foot Class B building, constructed in 1990, offers multiple suites within a single building, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 2,350 square feet. Currently, 3,550 square feet are vacant, providing an excellent chance for expansion or new tenancy. The property boasts a prime location at the high-traffic corner of 15 Mile and Utica Roads, offering excellent visibility and accessibility. A monument sign is on-site, enhancing brand recognition. The building features 140 total parking spaces and is zoned C-G. Its convenient location places it directly across from major retailers including Meijer, Taco Bell, Auto Zone, Jersey Mike's, and Starbucks, ensuring high foot traffic and customer visibility. The property's APN is 03-11-31-201-001, 03-11-31-100-011, and is situated in Macomb County, Michigan, zip code 48026. There are a total of 11 suites in the building. No elevators are present.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 19,750 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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