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For Sale
Auburn Plaza
2020-2108 Auburn Road,
Shelby Township, MI 48317
Shelby Township, MI 48317
Asset Snapshot
Medical Office
Retail Subtype
$450,211.40
NOI
1988
Year Built
2019
Year Renovated
1
Floor Count
7.08 Acres
Land Area
86.8%
Occupancy
Offering Summary
Investment Overview
.Investment Highlights
- Highly Trafficked, Low Price/SF Multi Tenant Retail Center
- 5 Access Points From Auburn Rd & Dequindre Rd
- Combined Traffic Counts Exceeding 37,000 Vehicles Per Day
- Dollar Tree & Planet Fitness Account for 42.5% of Base Rent
- Affluent Demographics With Annual Household Income Averaging $122,815 in a 5-mile radius
- 2019 High Image Remodeling
- Multi-Parcel Ownership Provides for an Opportunity to Reduce Basis
- Nearly 8,000 SF of Upside Thru Lease-Up
- Below Market Rental Rates Provide For Long-Term Rental Upside
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Listing Syndicated From
Accepting Offers
$6,200,000
Asking Price
Investment Sales Broker
Market Insights
