35103 Grand River Ave, Farmington, MI 48335
For Lease
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Drakeshire Plaza, a well-maintained Class B shopping center, presents a prime retail investment opportunity on Grand River Avenue in Oakland County. This established center boasts three single-story buildings, totaling multiple spaces available for lease, ranging from 1,200 to 2,800 square feet. Built in 1998 and extensively renovated in 2013, the property benefits from a high-traffic location at the intersection of Grand River Avenue and Drake Road, experiencing a daily traffic count of 20,300 vehicles. The zoning is COMMERCIAL, ensuring flexibility for a variety of retail and restaurant uses. The property's multiple tenancy structure provides a diverse tenant mix, contributing to a stable and attractive investment. This is an excellent chance to secure space in a well-established center with significant foot traffic and visibility in a thriving commercial area. The property's recent renovations ensure modern amenities and a visually appealing environment for tenants and customers alike. The convenient location and established presence make this an ideal opportunity for businesses seeking high visibility and accessibility. Interested parties should inquire about available space and lease terms.
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Hungry Howie's Pizza Take-out & Catering
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
C2 · Farmington, MIFarmington. 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.