For Sale

Harper Avenue Retail Center

31301 Harper Ave,
Saint Clair Shores, MI 48082

Asset Snapshot

Power Center
Retail Subtype
$164,649.86
NOI
2024
Year Built
1
Floor Count
0.86 Acres
Land Area

Offering Summary

Investment Overview

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Investment Highlights

  • Newly Constructed Retail Center with New Long-Term 10-Year NNN Leases
  • Lease Up of Middle Suite at $35/sf + NNN Provides for a $66K Boost to NOI
  • Drive-Thru Equipped Endcap Suite Ranks as #6 Savvy Sliders in the USA According to Placer.AI
  • Fixed 10% Rental Increases Every 5-Years
  • Densely Populated Area With Visibility and Frontage Along Harper Ave Which Has Traffic Counts of Over 20,000 Vehicles Per Day
  • Situated Along a Busy Retail Corridor and Surrounded by National Retailers Including Burger King, Kroger, McDonald's, Meijer, Starbucks, Taco Bell and The Home Depot
  • Average Household Income Within a 1-Mile Radius Exceeds $87,000

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$3,000,000
Asking Price

Investment Sales Broker

Brandon Kassab
Encore Real Estate Investment Services

Market Insights