1912 Venoy Rd Westland, MI 48186-4600
This 15,000 square foot retail strip center, located at 1912 S Venoy Rd, Westland, MI 48186, presents a compelling investment opportunity. The property features multiple tenancies, with a minimum divisible space of 740 square feet and a maximum contiguous space of 2,540 square feet. Currently, 4,240 square feet of retail space is available for lease. The center enjoys a prime location in a thriving neighborhood, benefiting from strong anchor tenants including a Palace Supermarket and a Dollar General, ensuring consistent foot traffic and high visibility. This strategic positioning offers excellent potential for both established businesses seeking expansion and new ventures looking to establish a presence in a busy commercial area. The property's versatile space allows for a variety of retail uses, making it an attractive option for a diverse range of businesses. With its convenient location, strong anchor tenants, and available space, this retail center represents a significant opportunity for investors seeking a stable and profitable investment in a high-demand market. The property is situated in Westland, Michigan, offering easy access to major transportation routes and a substantial customer base. Interested parties are encouraged to explore this exceptional opportunity to acquire a well-positioned retail property in a dynamic and growing market.
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Westland Fish & Chicken Market Restaurant
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
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.