Troy Shopping Center

Highlights:

• Class A, Fully-Leased Retail Center - 100% occupancy with a strong mix of national and regional tenants including Chipotle, PT Solutions, Beyond Juicery, and others.
• High-Profile National Credit Anchor - Chipotle occupies 25% of the building and is publicly traded (NYSE: CMG), operating over 3,500 corporate-owned locations nationwide.
• Stable, Long-Term Cash Flow - Current Net Operating Income (NOI): $345,116 Weighted average lease term provides predictable income with staggered expirations through 2032.
• Trophy Location in Affluent Submarket - Situated in Troy, Michigan, one of Oakland County’s wealthiest cities with an average 1-mile household income of $178,740.
• Dense, High-Income Trade Area - 5-mile population of over 205,000 residents and average household income of $151,277.
• Modern Construction & Prime Frontage - Built with 9,766 SF of high-visibility retail space on a well-trafficked corridor near major employers and complementary retail.
• Net lease structure with minimal landlord obligations—ideal for passive investors seeking stable, low-touch returns.

Description:

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Located in the bustling city of Troy, the area surrounding The Shoppes of Troy offers a prime investment opportunity for Retail and Street Retail investors. This vibrant community is known for its strong economy, affluent population, and diverse retail landscape. Nearby, renowned destinations like Somerset Collection, Troy Historic Village, and Boulan Park provide ample opportunities for shopping, entertainment, and recreation. With a strategic location and a wealth of nearby points of interest, the property presents an ideal prospect for those seeking to capitalize on the dynamic retail environment and the thriving community of Troy, MI.