Offering Memorandum

Investment Sale

Romeo Village Shopping Center

66030-66152 Van Dyke Rd
Washington, Michigan

eCode:032i

Sales Price

Unpriced

NOI

$410,664

Building Size

71,309 SF

Lot Size

8.37 AC

Year Built

1972

Anchor(s)

Family Farm & Home
Dollar General

Tenant Roster

  • Family Farm & Home
  • Dollar General
  • Salvation Army
  • State Farm
  • Enterprise
  • Romeo Theater
  • Tobacco Village

Traffic Count

Van Dyke Rd (16,910 CPD)
Van Dyke Ave (37,648 CPD)

Highlights

  • Strong Regional Anchors with National Credit
  • Proven Long-Term Occupancy and Operating History
  • Recent Capital Improvements
  • Below Market Rents with Value-Add Upside
  • Affluent Demographics and Strategic Location

Radius 1 mile 3 mile 5 mile
Population Density 1,258 16,669 39,990
Household Income $133,707 $125,623 $134,298
Daytime Pop 1,463 7,714 11,843

SIMILAR PROPERTIES

Multi-Tenant
3005 Boardwalk Dr
Ann Arbor, Michigan

$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia

$2,037,959 | 16,325 SF
Multi-Tenant
205 S. Greenville West Dr
Greenville, Michigan

$8,000,000 | 95,054 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement