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Broadway Plaza

Market Price

29275 West 14 Mile Road, Farmington Hills, MI 48334

Active
Last Updated: 10/17/2025

396,404

NOI

50,592 sqft

Building Size

Details:
NOI:    $396,404
Building Size:    50,592 sqft
Lot Area:    6.37 acres
Occupancy:    100%
Year Built:    1960
Tenancy:    Multiple
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.

Map:
Documents:
Title
092i_Broadway_Plaza-Farmington_Hills__MI-OM.pdf
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Location
Gallery