Taylor, MI - Cross Creek Plaza
$16,300,000
14500 Racho Blvd, Taylor, MI 48180
8.87
Cap Rate
1,446,489
NOI
Details:
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.
          
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