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49900 Grand River Ave Wixom, MI 48393

Outlet malls Google Maps
208,276 SF Built 1995
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$19.39M
Range $17.45M – $21.33M (±10%)
Property ID US43-0836214

Property summary

AI-generated overview

This exceptional retail opportunity is located inside a high-traffic Meijer store in Wixom, Michigan, at 49900 Grand River Ave, 48393. The space totals 490 square feet and offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including high foot traffic, an all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities, and excellent branding opportunities with both interior and exterior signage. The space is situated in a thriving trade area with a desirable customer base in Oakland County. Ideal for businesses seeking strong exposure and a convenient, established location within a well-known retail destination. The property is part of a larger retail offering with multiple vacancies in Meijer stores across the Midwest. This space is perfect for a variety of businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1995
Total area 208,276 SF
APN 96-22-07-401-051
UPID US43-0836214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Physician
  • Department Of Motor Vehicles Kiosk
  • (Bike/Boat/Book/etc) Store Pet Store & Service
  • Bank Credit Union

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$21.40M
Blend (final) Blend
$19.39M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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