8242-8276 12 Mile

Shopping Center for Sale
Also listed as Retail-Commercial, Office
Catylist Listing ID: 30333704
Property Subtypes: Mixed Use, Neighborhood Center, Strip Center
Building Size (RSF): 7,050 SF
Gross Building Area: See Agent
Gross Land Area: 0.37 Acres
Sale Price: $359,900
Unit Price: $51.05 PSF
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

Tremendous opportunity for value-add investors
Great location across from Walmart, Marshalls, DSW, and GM Tech Center
City Offices/Courthouse minutes away
Flexible leases in place
Do not disturb Tenants. Contact broker for more information.
Property Taxes 2017 $9,555.67

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 1315105004
Zoning: C-2
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Property Condition: Good
Year Built: 1961
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Total Parking Spaces: 24
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Lot Frontage: 165
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,884 137,803 423,789
Median Age: 41.01 41.37 38.5
Households: 5,098 56,146 167,339
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.