30547 Dequindre

Highlights:

• Lot Dimension: 385x279
• Annual Tax: $ 56424.0
• Sewer: Public
• Age: 31-40 Years Old
• Water: City Water

Description:

High-Performing Investment Plaza – Madison Heights! Rare opportunity to own a profitable retail plaza in one of Madison Heights’ busiest corridors! Featuring 17 units / 27,700 sq. ft. on 2.46 acres, this property is 100% occupied with established, long-term tenants and a 8.51% cap rate. Strong cash flow with $375,600 annual income and $293,476 NOI. Two well-kept buildings (built 1974 & 1985) with 173 parking spaces and a prime Dequindre Rd. location boasting 34,800 VPD. Same ownership for 29 years — a proven performer offering stability, visibility, and solid returns. New Rubber Roof Installed in 2024.

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Listing ID: 7e69a7c3-31e9-4a36-bbc9-b01fcca3e414