request_info_guest false

Taylor, MI - Cross Creek Plaza

$16,300,000

14500 Racho Blvd, Taylor, MI 48180

Active
Last Updated: 10/30/2025

8.87

Cap Rate

1,446,489

NOI

Details:
Cap Rate:    8.87%
NOI:    $1,446,489
Building Size:    141,288 sqft
Lot Area:    13 acres
Occupancy:    100%
Year Built:    1990
Zoning:    B-2: Regional Business District
Year Last Renovated:    2019
Description:

• The offering features a fully leased, four-tenant retail center anchored
by Kohl’s, which contributes approximately 55% of the property’s gross revenue.
• Kohl’s has operated at this location for over 30 years and recently exercised an option to extend its lease through 2034, with three additional five-year extension options remaining, demonstrating the tenant’s long-term commitment to the site.
• The subject Kohl’s is recognized as one of the top-performing stores in the region, with exceptional sales performance.
• Bob’s Discount Furniture, serving as a junior anchor, has also demonstrated strong operating results and consistent customer traffic.

• The property is strategically positioned in the heart of Taylor’s primary retail corridor, surrounded by a dense concentration of national retailers, service businesses, and residential communities.
• Directly across from Southland Center Mall, a 905,000+ square-foot regional shopping destination, the site benefits from strong consumer traffic and cross-shopping activity.
• Immediate proximity to Interstate 75 provides exceptional accessibility and visibility, with traffic counts exceeding 95,000 vehicles per day.

Map:
Location
Gallery