Offering Memorandum

Investment Sale

Hoover Eleven Shopping Center

26013-26651 Hoover Rd
Warren, Michigan

eCode:084i

Sales Price

Unpriced

NOI

$2,212,674

Building Size

281,867 SF

Lot Size

23.60 AC

Anchor(s)

Kroger
Harbor Freight
Shoppers World
Dunham's

Tenant Roster

  • Kroger
  • Harbor Freight
  • Shoppers World
  • Dunham’s
  • Del Taco
  • DTLR
  • Rainbow
  • Bath & Body Works

Traffic Count

Hoover Rd (19,268 CPD)
I-696 (125,000+ CPD

Highlights

  • Strong Performing Kroger Store
  • Significant Value Add & Upside Opportunities
  • Dense Demographics with Diverse Stable Tenant Mix
  • Recent Leasing Momentum / New Tenant Interest

Radius 1 mile 3 mile 5 mile
Population Density 16,105 120,133 360,868
Household Income $88,244 $82,839 $78,417
Daytime Pop 9,570 57,928 124,290

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
22004-22128 Farmington Rd
Farmington, Michigan

Unpriced | 85,168 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement