32729 Northwestern Hwy, Farmington Hills, MI 48334
For Lease
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This exceptional 7,800-square-foot retail or restaurant space is ideally situated at 32729 Northwestern Highway in Farmington Hills, Michigan, within Oakland County (zip code 48334). The single-tenant building, constructed in 2010, boasts 87 parking spaces, ensuring ample convenience for customers. The property's B-3 zoning allows for flexible use, making it suitable for a variety of commercial ventures. Previously a restaurant, the space includes existing fixtures and equipment (FF&E), offering a potential head start for new businesses. Its prime location adjacent to a new Holiday Inn Express Hotel and directly in front of a Home Depot guarantees high visibility and significant foot traffic. The surrounding area is thriving, with numerous national retailers and restaurants, creating a strong commercial environment. This location benefits from excellent demographics and a busy traffic corridor, making it an attractive investment opportunity for businesses seeking high exposure and a strong customer base. The property features one single-story building. The entire 7,800 square feet is currently vacant and 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 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.