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Sale

Liberty Plaza – Shopping Center

44905 Morley Dr
Clinton Township, Michigan

eCode:000a

Property Type

Shopping Center

Date Available

Immediately

Sales Price

$3,200,000.00 ($147.00/SF)

Property Taxes

$73,000.00

Building Size

21,756 SF

Lot Size

2.90 AC

Lot Dimensions

306’ X 528’

Zoning

B-2

Tenant Roster

  • The Pantry Restaurant
  • Munger Physical Therapy
  • Miles Cake & Candy Supplies
  • Mortgage 1

Traffic Count

Hall Rd (50,795 CPD)
I-94 (107,393 CPD)
Gratiot Ave (25,809 CPD)

Highlights

  • Prime Owner/Operator Investment Opportunity
  • This well-maintained shopping center offers strong income and excellent potential for value-add investors.
  • Gross Income: Approximately $190,000
  • Expenses: Approximately $114,219
  • Net Operating Income (NOI): Approx. $75,000
  • Pricing: $147 per square foot — Priced to Sell!
  • The property features four long-standing tenants on gross leases, providing stable cash flow with upside potential through conversion to NNN leases.
  • Hall Rd frontage, this center benefits from steady traffic and excellent accessibility.
  • Additional value-add potential includes a turn-key vacant restaurant space complete with FF&E and a liquor license.

Radius 1 Mile 3 Mile 5 Mile
Population Density 4,609 65,953 183,747
Household Income $97,450 $106,771 $108,072
Daytime Pop 6,323 30,172 63,779

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