Offering Memorandum

Investment Sale

Farmington Crossroads

22004-22128 Farmington Rd
Farmington, Michigan

eCode:087i

Sales Price

Unpriced

NOI

$932,598

Building Size

85,168 SF

Lot Size

7.46 AC

Year Built

1986 / Renov. 2008

Anchor(s)

Ollie's Bargain Outlet
True Value Hardware
Dollar Tree

Tenant Roster

  • Ollie’s Bargain Outlet
  • True Value Hardware
  • Dollar Tree
  • Anytime Fitness
  • Great Clips
  • Peterlin’s Restaurant
  • Opulent Oasis Beauty Studios
  • Rainbow Restaurant
  • Sushi House
  • Andhra Café
  • Advance America
  • Miracle Ear
  • Wu Xing Acupressure

Traffic Count

Farmington Rd (20,546 CPD)
9 Mile Rd (7,647 CPD)
M-5 (24,937 CPD)

Highlights

  • Strong Reported Historical Tenant Performance with Long Term Stability
  • Established Tenancy with National Credit and Essential Daily Service Focus
  • Hard Corner Outlot Value-Add Development Opportunity
  • Professional Management & Recent Capital Improvements
  • High-Density, High-Income Trade Area with Significant Traffic Counts

Radius 1 mile 3 mile 5 mile
Population Density 9,878 78,469 213,475
Household Income $116,357 $129,112 $121,603
Daytime Pop 4,138 39,071 149,568

SIMILAR PROPERTIES

Single-Tenant
1035 N Susquehanna Trail
Selinsgrove, Pennsylvania

$2,400,000 | 3,265 SF
Multi-Tenant
1357 Coldwater Rd
Mt. Morris, Michigan

Auction | 26,000 SF
Multi-Tenant
1500 Greentree Blvd
Clarksville, Indiana

$7,058,824 | 112,437 SF
Single-Tenant
33703 Van Dyke Ave
Sterling Heights, Michigan

$3,627,787 | 7,170 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement