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    FOR LEASE
    Outlet malls

    800 Brown Rd, Auburn Hills, MI 48326

    218,870 SF 23.21 ac lot Built 1999
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-4232096
    Property summary
    AI-generated overview

    This exceptional retail opportunity offers two available spaces within a high-traffic Meijer store in Auburn Hills, Michigan. Located at 800 Brown Rd, 48359, Oakland County, this prime, front-of-store location provides unparalleled visibility and access to thousands of weekly customers. Spaces range from 642 to 1,223 square feet, with a total of 1,223 square feet available. The all-inclusive monthly fee covers real estate taxes, property insurance, CAM, and utilities. This "Store-Within-A-Store" concept offers significant branding opportunities, both interior and exterior. The property benefits from exceptional demographics and is situated in a thriving trade area. Ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This is a unique opportunity to establish your business within one of the Midwest's most recognizable retail destinations. The property is located in a high-traffic area with excellent customer access. The flexible space options cater to a variety of business needs and sizes.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1999
    Total area 218,870 SF
    Lot 23.21 ac (1,011,028 SF)
    APN 02-14-04-101-018
    UPID US43-4232096
    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
    Current use
    Occupant on record · Public records
    • higi Physician
    • Meijer Specialty Food Shop Supermarket
    • Jule Charging Station Electric Vehicle Charging Station
    • Minute Key Locksmith (Bike/Boat/Book/etc) Store
    • CVS Pharmacy Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $23.81M
    Blend (final) Blend
    $21.58M
    Owner & transaction history
    MEIJER INC
    MEIJER INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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