Merchants Marketplace Shopping Center

Highlights:

• 100% Occupied Multi-tenant shopping center anchored by CVS & Planet Fitness
• 8 of 13 tenants have been at the property for 15+ years
• 13 units, with all NNN leases
• Recession proof line-up, service-oriented & essential retailer tenant mix
• Rent Growth: majority of base rent subject to annual increases
• Below market rent rates allowing for upside and income growth
• Hard corner at Middlebelt & 12 Mile Road | 35,800 VPD
• High-visibility pylon signage available
• Over 300 surface parking spaces
• 520 Ft. Frontage on 12 Mile Rd. & 970 Ft. on Middlebelt
• Convenient ingress/egress access from both 12 Mile & Middlebelt Roads
• Surrounded by well-developed, densely populated subdivisions
• Located 1 mile north of Mercy High School & 1 mile east of major highway I-696
• Strong Demographics: 193,823 PPL & $133,108 avg. HHI in 5-mile

Description:

Introducing an outstanding investment opportunity: a thriving multi-tenant shopping center located at the hard corner of Middlebelt and 12 Mile Road in Farmington Hills. Anchored by well-known brands such as CVS and Planet Fitness.

Farmington Hills, MI, is located in the heart of Oakland County, this thriving community offers convenient access to major transportation routes, dining, and retail options. With a strong local economy and a diverse workforce, Farmington Hills is an ideal location for an office or office building investment. Nearby points of interest include the Farmington Hills Golf Club, Heritage Park, and the Marvin's Marvelous Mechanical Museum. The area's excellent schools and welcoming neighborhoods make it an attractive choice for professionals and businesses looking to establish a presence in this dynamic and growing region.