29955 Southfield Rd, Southfield, MI 48076-2092
This exceptional freestanding retail property, formerly a Chase Bank, offers 4,270 square feet of immaculate space available for lease. Situated on a 0.98-acre lot at a signalized intersection on Southfield Road in Oakland County, Michigan, this location boasts impressive visibility and accessibility. Daily traffic counts exceed 35,000 vehicles, ensuring high exposure for your business. The building is in excellent condition and features a convenient drive-thru configuration with four lanes, perfectly suited for businesses requiring this functionality. Ample parking is provided with 28 spaces available for customers and employees. The single-tenant occupancy allows for complete customization and control over the space. This property presents a unique opportunity for a business seeking a high-traffic, highly visible location in a thriving commercial area. The building's excellent condition minimizes upfront capital expenditures, allowing for a quicker return on investment. The strategic location, combined with the ample parking and drive-thru lanes, makes this an ideal space for a variety of retail businesses. Don't miss this chance to establish your presence in a prime Southfield location.
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
OS · 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.