19993 W Twelve Mile Rd, Southfield, MI 48076
For Lease
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This exceptional 10,880-square-foot retail space is ideally situated at 19993 W. 12 Mile Rd in Southfield, Michigan, within Oakland County. The property boasts a prominent location and is currently entirely vacant, presenting a unique opportunity for a single tenant or multiple tenants to establish their business. The building's total square footage is 10,880 square feet, all of which is available for lease. The expansive 1.39-acre lot provides ample parking for customers and employees, with 45 spaces readily available. The property is classified as retail commercial space with multiple tenancy options. This prime location in Southfield offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The property's previous use as a CVS pharmacy speaks to its suitability for a high-traffic retail operation. The address is 19993 W 12 Mile Rd, Southfield, MI 48076. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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-2 · Southfield, MISouthfield. 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.