Redford Plaza

Highlights:

• Value-Add Opportunities
• Dominant Retail Center in Trade Area
• Strong Tenant Performance with Long-Term Stability
• WALT: 5 Years

Description:

Landmark Investment Sales is pleased to exclusively offer for sale, Redford Plaza, the dominant grocery-anchored power center serving a dense and growing population of approximately 346,850 residents within a five-mile radius. This offering represents a rare opportunity to acquire a well-located, stabilized retail asset at a price significantly below replacement cost, with both durable income and meaningful upside. Redford Plaza is ideally positioned for investors seeking long-term stability, strong tenant performance, and value enhancement within a dense, high-income suburban Detroit submarket. Redford Plaza features a diverse and highly productive tenant lineup anchored by Sun Valley Market, Burlington, and Ross Dress for Less, complemented by a strong mix of national, regional, and local daily-needs and service-oriented retailers. The center benefits from consistently high unit-level performance and a tenant mix that drives frequent, repeat customer visits. In addition to stable in-place cash flow, the property offers multiple value-add opportunities, including lease-up potential (14,150 SF), mark-to-market rental rate growth, and future densification (ability to create outparcel), as well as the potential to monetize value through the strategic sale of the STNL AutoZone and Clean Express Car Wash.

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