Orchard Mall
Market Price
6303 Orchard Lake Road, West Bloomfield Township, MI 48322
2,276,634
NOI
143,776 sqft
Building Size
Details:
Highlights:
- Embedded Value Add Opportunities
- Community Dominant Retail Asset with Stable In-Place Cash Flow
- Multi-Decade Operator Base
Description:
Landmark Investment Sales is pleased to exclusively offer Orchard Mall, a rare generational retail asset located within the affluent and supply-constrained West Bloomfield trade area. Positioned along Orchard Lake Road, the township’s primary commercial corridor (26,485 vehicles per day) , the 143,776-square-foot center spans 13.33 acres in one of Oakland County’s highest-income suburban communities. Constructed in 1972 and operating for more than five decades, Orchard Mall has established itself as a community-dominant retail destination supported by multi-decade operators and deeply entrenched consumer loyalty. The property is 97.15% occupied (139,680 SF leased) and generates approximately $2.28 million of in-place NOI, providing durable day-one cash flow anchored by a diversified mix of experiential, service-oriented, and specialty retailers. Beyond its stabilized income profile, Orchard Mall offers clearly identifiable internal growth drivers. Select in-place rents remain materially below prevailing corridor levels , creating embedded mark-to-market opportunity, while limited remaining vacancy provides incremental lease-up upside.
Documents:
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111i_Orchard_Mall-West_Bloomfield__MI-OM__c_.pdf
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Location
Gallery