Lease/Sale
0.53 AC Commercial Land
Oak Park, Michigan
eCode:A28
Property Type
Vacant Land
Sales Price
$499,000
Rent
Ground Lease
$50,000 NNN Annually
Property Taxes
$19,159.14
Lot Size
0.53 AC
Lot Dimensions
140' x 162.73'
Zoning
B-1, Neighborhood Business
Tenant Roster
National Retailers in Trade Area
- Kroger
- Office Depot
- Foot Locker
- McDonald’s
- Taco Bell
- Wendy’s
- Five Guys
- Savvy Sliders
- Outback Steakhouse
Traffic Count
8 Mile Rd (39,815 CPD)
Greenfield Rd (33,731 CPD)
Northwestern Hwy (66,876 CPD)
Highlights
0.53 acre commercial land located on the east side of Greenfield Road, adjacent to the former Northland Mall Redevelopment. Significant area employers include St. John Providence Hospital and FedEx Corporate Headquarters. Many national restaurant users such as McDonald’s, Taco Bell, Wendy’s, Five Guys, Savvy Sliders, and Outback Steakhouse are in close proximity to this site. Other national retailers include Kroger, Office Depot and Footlocker. The site is ideal for drive-thru restaurant, retail, gas or other commercial uses.
Ground Lease and Build to Suit opportunities are available.
| Radius | 1 Mile | 3 Mile | 5 Mile |
| Population Density | 16,639 | 150,805 | 382,308 |
| Household Income | $69,674 | $82,365 | $90,275 |
| Daytime Pop | 11,880 | 61,595 | 157,156 |
SIMILAR PROPERTIES
Sterling Heights, Michigan
$1,449,000.00 ($134/PSF) | 10,804 SF
Petoskey, Michigan
2,828 SF
Space Dimensions: 35’ x 80’
