31501 Joy Rd Westland, MI 48185
For Lease
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This exceptional retail opportunity is located at 31501 Joy Road in Westland, Michigan, 48185. The Joy & Merriman Retail Center offers a prime location at the corner of Joy Road and Merriman, boasting high visibility and excellent access. The property is a multi-tenant strip center with a total of 32,208 square feet. Currently, there is 2,700 square feet of vacant space available, ideal for a variety of retail uses. This space is divisible to a minimum of 1,000 square feet and can accommodate up to 1,700 contiguous square feet. The available space includes a built-out office area, adding significant value and convenience for potential tenants. The center enjoys strong existing tenancy, with established businesses such as CVS Pharmacy, Natural Nails, and Benny's Pizza already operating within the complex. This presents a fantastic opportunity to join a thriving retail environment in a high-traffic area. The property's strategic location and the inclusion of a ready-to-use office space make this an attractive proposition for businesses seeking immediate occupancy and a well-established commercial presence. The property is situated at 42.3534036 latitude and -83.3534755 longitude. Serious inquiries are encouraged to explore this promising retail investment.
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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.