10800 9th Mile Rd Oak Park, MI 48237-2947
This exceptional 4,967 square foot neighborhood retail center, situated at 10800 W 9 Mile Rd in Oakland County, offers two immediately available retail spaces. The property, built in 1951, is a single-story, Class C strip center zoned B1 Local Business (APN: 25-29-451-037). Two suites are ready for occupancy, measuring 1,460 and 1,600 square feet respectively, with a total of 3,060 square feet currently vacant. The property boasts ample parking with 18 spaces available for customers and tenants. Both suites are delivered in "white-box" condition, providing flexibility for tenant build-outs, and feature newly installed flooring. Highly competitive lease rates are available, with flexible lease terms ranging from 3 to 10 years. This presents a unique opportunity for businesses seeking a well-located retail space with attractive lease terms in a thriving community. The minimum divisible space is 1,460 square feet, while the maximum contiguous space available is 1,600 square feet. This property is ideal for a variety of retail uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Oak Park, MIOak Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.