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 CafĂ©
  • 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
4007 S Saginaw St
Burton, Michigan

$1,440,441 | 10,996 SF
Single-Tenant
4101 Telegraph Rd
Bloomfield Hills, Michigan

$3,517,046 | 7,144 SF
Multi-Tenant
51347-51405 Gratiot Ave
Chesterfield Twp, Michigan

$9,696,488 | 66,964 SF
Multi-Tenant
66030-66152 Van Dyke Rd
Washington, Michigan

Unpriced | 71,309 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement