Broadway Plaza
Market Price
29275 West 14 Mile Road, Farmington Hills, MI 48334
396,404
NOI
50,592 sqft
Building Size
Details:
Highlights:
- Attractive Income Stream
- 100% Occupied Neighborhood Shopping Center
- Established Tenant Roster with Longevity
- Upside Potential
- Dense, Affluent Demographics
- Prime Suburban Detroit Location
- Minimal Landlord Responsibilities
Description:
Broadway Plaza is a 100% occupied, ±50,592 SF neighborhood shopping center strategically positioned in the heart of Farmington Hills, one of Oakland County’s most affluent and business-friendly communities. Anchored by Walgreens and Johnny Pomodoro’s Fresh Market—two long-term, high-traffic tenants—the center features a complementary mix of established retailers and service providers that have operated at the property for decades, reflecting strong tenant loyalty and stable cash flow. With a Year 1 NOI of $396,404, minimal landlord responsibilities under predominantly NNN leases, and exceptional demographics boasting average household incomes of over $159,000 within three miles, Broadway Plaza represents a rare opportunity to acquire a proven retail asset in a thriving suburban Detroit market.
Documents:
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092i_Broadway_Plaza-Farmington_Hills__MI-OM.pdf
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Location

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