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    Property profile & analytics
    FOR LEASE
    Strip malls

    6005 N Wayne Rd, Westland, MI 48185

    14,818 SF 1.79 ac lot Built 2007
    Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0705597
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 6005-6095 N Wayne in Westland, Michigan (zip code 48185), offers a total of 3,295 square feet of versatile space ideal for medical offices or other commercial uses. Currently, the entire building is vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. The property is categorized as both retail and office space, offering flexibility in its potential uses. The building is situated in Wayne County and is easily accessible. Multiple tenancy is possible, with spaces ranging from a minimum of 1,095 square feet to a maximum contiguous space of 2,200 square feet. This allows for adaptability to various business needs and sizes. The property's location in Westland, Michigan provides excellent visibility and accessibility for clients and employees. The entire 3,295 square feet is currently available for lease, making this an attractive opportunity for businesses seeking a prominent location in a thriving community. Interested parties are encouraged to inquire about lease terms and conditions. This property presents a rare chance to secure a substantial and adaptable space in a desirable location.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2007
    Total area 14,818 SF
    Lot 1.79 ac (77,972 SF)
    APN 56 032 02 0568 303
    UPID US43-0705597
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.60M
    Blend (final) Blend
    $1.61M
    Owner & transaction history
    Lks Westland LLC · 7 yrs held
    Lks Westland LLC
    since 2019
    7 recorded transactions
    2019
    2016
    2005
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $2.0M +67.2%
    Auto repair, garage $1.6M +38.0%
    Retail stores $1.6M +34.9%
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    More about this property
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