16060 Eureka Rd Southgate, MI 48195
This 800-square-foot retail space is located at 16060 Eureka Road in Southgate, Michigan, within Wayne County (zip code 48195). The property is a multi-tenant retail center offering excellent visibility due to its main road frontage and prominent signage, including a pylon sign. The space is immediately available for occupancy, making it ideal for businesses seeking a quick start. The versatile layout allows for many potential uses, catering to a variety of retail businesses. This is a gross lease, meaning the rental rate includes real estate taxes, building insurance, lawn care, and snow removal, simplifying budgeting and management for the tenant. The landlord is highly motivated to lease the space, presenting a compelling opportunity for prospective tenants. The property's location in Southgate, Michigan provides access to a well-established local market. This is a fantastic opportunity for a business seeking a convenient, visible, and well-maintained retail space. The property is classified as commercial retail and offers a single available unit within a larger building.
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MerciLAND FARMACIE Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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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.