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Livonia Marketplace

$12,500,000

29480 Seven Mile West, Redford Township, MI 48240

Active
Last Updated: 03/16/2026

7.2

Cap Rate

895,786

NOI

Details:
Cap Rate:    7.2%
NOI:    $895,786
Building Size:    52,730 sqft
Occupancy:    100%
Year Built:    2010
Tenancy:    Multiple
Highlights:
  • Convenience Driven Tenant Mix
  • Traffic-Driving Shadow Anchors
  • Stable Income Stream & Leasing Velocity
  • Irreplaceable Location
  • Outstanding Demographic Profile
  • Proximity to a Dense Employment Hub
Description:

Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate – Michigan, Inc, has been retained on behalf of the owner to sell the 100% fee simple interest in Livonia Marketplace, a 100% leased community shopping center shadow anchored by Walmart and Kohl’s and positioned within the dense northwestern suburbs of Detroit.

Map:
Documents:
Title
Livonia_Marketplace_-_Flyer.pdf
View
Livonia_Marketplace_-_OM.pdf
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Location
Gallery