Property profile

6555 Sashabaw Rd Independence Township, MI 48346

FOR LEASE
Outlet malls
Property ID
US43-1324898
40,215 SF 4.76 ac lot Built 1990
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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No photos on file
For Lease
$20 SF/Yr
6555 Sashabaw Rd, Independence Township, MI 48346
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Independence Town Center, a thriving shopping center in Independence Charter Township, Michigan. The property boasts a total of 150,000 square feet of retail space, currently featuring multiple tenants. A prime 1,520 square foot space is immediately available for lease, presenting a fantastic chance for expansion or a new business venture. The center enjoys ample parking, ensuring convenient access for customers. Situated at 6555 Sashabaw Rd, Independence Charter Township, MI 48346, this location benefits from high visibility and strong foot traffic within a bustling commercial area of Oakland County. The property's convenient location and ample parking make it an ideal space for a variety of retail businesses. The available space is ready for immediate occupancy, offering a turnkey solution for businesses seeking a well-established location in a thriving community. This is a rare opportunity to secure a space in a successful shopping center with excellent visibility and accessibility. Don't miss out on this chance to establish your business in a prime Oakland County location. Contact us today to schedule a viewing and learn more about this exceptional retail space.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1990
Total area 40,215 SF
Lot 4.76 ac (207,346 SF)
Zoning code C-2
APN J -08-27-100-044
UPID US43-1324898

Cap rate & NOI

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

Location

6555 Sashabaw Rd Independence Township, MI 48346
Independence Township metro Census 127500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.74M
Blend (final) Blend
$3.31M

Owner & transaction history

since 2003
4 recorded transactions
2003
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Clarkston, MI

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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