Sale of 72,653 square foot Ortonville Shopping Center

Highlights:

• Grocery anchored with national retailers and good tenant mix
• Substantially leased with good surface parking
• On primary roadway with good visibility
• No substantial immediate area competition
• Growing upscale area with new $4 billion GM Lake Orion plant

Description:

Sale of a 72,653 square foot grocery anchored shopping center which draws from 10-mile radius. The shopping center has a number of national retailers including ACE hardware, Pet Supplies Plus, Verizon, Anytime Fitness, Hungry Howies and Wireless Zone.

Situated in Ortonville (Groveland Township) within northern Oakland County as part of the Detroit Metropolitan Area. Development is predominately residential and recreational in nature with homes generally on larger lots or estate type lots and supporting commercial development in the area. Access to the area is good with I-75, US-23, M-15 and US 24 providing freeway and highway access. Metro Detroit is known for its automotive heritage, technology, arts, entertainment, popular music and sports. Detroit Metro is ranked just outside the top 10 nationally in terms of population size approximating 4.5 million residents. Property is situated in Oakland County - one of the wealthiest counties in the U.S.