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

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$8,000,000 | 95,054 SF
Multi-Tenant
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Unpriced | 143,776 SF
Multi-Tenant
10735-10755 Ravenna Rd
Twinsburg, Ohio

$9,697,500 | 115,532 SF
Multi-Tenant
30000 Telegraph Rd
Southfield, Michigan

$4,506,128 | 12,416 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement