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    OFF-MARKET
    Retail properties & Spaces

    1301 14 Mile Rd, Clawson, MI 48017

    14,564 SF Built 2006
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14,564-square-foot retail building, located at 1301 W 14 Mile Rd in Clawson, Michigan, presents a unique investment opportunity. Built in 2006, this single-story, single-tenant structure sits on a 1.01-acre lot and boasts 32 parking spaces. Currently vacant, the entire 14,564 square feet is available for lease. The property is zoned BI and is situated in Oakland County, with a convenient address at the intersection of West Fourteen Mile Road and Crooks Road. Its previous use as a Rite Aid pharmacy demonstrates its suitability for high-traffic retail operations. The building's design allows for adaptability and conversion to accommodate multiple uses, catering to a variety of business needs. The location benefits from excellent daytime population density and high vehicular traffic counts, ensuring significant visibility and accessibility for potential tenants. Surrounded by established national retailers, this property offers a prime location within a thriving commercial district. The property's size and location make it an ideal candidate for a variety of retail businesses seeking a high-visibility presence in a densely populated area. The ample parking ensures convenient access for customers and employees. This is a rare opportunity to acquire a substantial retail space in a desirable location with significant potential for growth and return on investment. The zip code is 48017.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 14,564 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
    Current use
    Occupant on record · Public records
    • Rite Aid Pharmacy Pharmacy
    • Rite Aid Pharmacy
    • Western Union Bank Credit Union
    • higi Physician
    • Bobby Harrington Pharmacy
    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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