8017 Wayne Rd Westland, MI 48185
- Strip malls
- 10,005 SF
- 0.91 lot acres
Current Use by Public Records
- Domino's Pizza / Pizza Takeout / Pizza Delivery
Property Details for 8017 Wayne Rd
- Year built
- 1988
- Lot size
- 0.91 lot acres
- Property size
- 10,005 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 56 014 99 0030 700
- APU
- 56014990030700
Description
This exceptional retail property, located at 8017 N Wayne Road, offers 10,005 square feet of total building space, with 2,000 square feet currently available for lease. The property boasts a prime location in a heavily traveled shopping center, ensuring high visibility and foot traffic. Current tenants include established businesses such as Domino's Pizza, Skylar Laundromat, and Jersey Mike's Subs, creating a synergistic and thriving retail environment. The available space is ideal for a variety of retail uses, providing ample room for a new business to flourish. The building is well-maintained and offers excellent visibility from N Wayne Road. This is a fantastic opportunity to establish a presence in a busy and successful shopping center, benefiting from the existing tenant base and high volume of traffic. The 2,000 square foot space presents a blank canvas for a new business to customize and create a thriving retail operation. Don't miss this chance to secure a prominent location in a well-established commercial center. Contact us today to schedule a viewing and learn more about this exciting opportunity. The property is classified as Street Retail and is a multi-tenant building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $905,000
- 6.5%
- $810,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $825,000
- Geo Method
- $920,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $860,000
- Retail
- $725,000
- Mixed-Use
- $950,000
- Hospitality
- $830,000
- Educational
- $915,000
- Residential Income
- $820,000
- Energy
- $900,000
- Income-Based Land
- $745,000
- Food Service
- $745,000
Location Insight
- Map
- Local Demand
- City
- Westland
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3861
- Latitude
- 42.3464
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
