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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

268-650 John R Rd Troy, MI 48083

171,523 SF
Property ID
Property summary
AI-generated overview

Oakland Plaza and Oakland Square offer a prime retail opportunity in Troy, MI, situated at the northeast corner of 14 Mile and John R Roads. These dynamic power centers boast a total of 171,523 square feet and benefit from their strategic location directly across from the Oakland Mall, a major 1,500,000 square foot super-regional mall with over 115 stores. Currently, 4,841 square feet of retail space is available for lease, including two former turnkey restaurant spaces and a junior anchor position. The property is under new ownership and has undergone recent improvements, including a renovated parking lot and facade enhancements with fresh paint. The centers feature a diverse mix of national, regional, and local tenants. Multiple points of ingress/egress, a traffic-controlled entrance, and four prominent monument signs ensure high visibility and accessibility. With over 55,000 vehicles passing daily, this location offers exceptional exposure and high traffic volume. This is an excellent opportunity for businesses seeking a vibrant and established retail environment.

Property profile
Verified
Property type Retail properties & Spaces
Total area 171,523 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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