18055 Silver Pky | Fenton, MI 48430
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18055 Silver Pky
Fenton, MI 48430
Fenton Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NEW 2020 CONSTRUCTION: The subject property was redeveloped from a vacant Kmart in 2020.
- BEST IN CLASS TENANTS/CREDIT STRENGTH: TJ Maxx, Old Navy, Skechers and Michaels are considered best in class, ecommerce resistance tenants.
- GROCERY SHADOW CENTER: Fenton Shopping Center is shadowed by VG’s Grocery, a strong grocery operator in Mid Michigan.
- LONG TERM TENANCY: All of the tenants are operating under long term leases giving a buyer group long term stability
- EXCELLENT FREEWAY EXPOSURE: The subject property sits at the Owen Road exit off of US-23 (51,800 CPD).
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
76,427 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
1.13
Lot Size
1.55 AC
Zoning
GBD
Parking
91 Spaces (11.15 Spaces per 1,000 SF Leased)
Frontage
315’ on Silver Pkwy
PROPERTY TAXES
| Parcel Number | 53-34-100-043 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $985,600 |
PROPERTY TAXES
Parcel Number
53-34-100-043
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$985,600
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