35681-35809 Van Born Rd
Romulus, MI 48174
The Shops at Bravada Place · Retail Property For Sale

Property tours are available by appointment ONLY. Please contact Steven Silverman to schedule at steven.silverman@freg.com or 248-848-4089. Investment Highlights: Located just ñ2.5 miles from the recently announced Amazon fulfillment center, which will add ñ1,500 jobs to the immediate area Anchored by Dollar Tree (ñ40% of GLA), Jet's Pizza, and Quest Diagnostics ñ25,309 SF value-add retail center situated in the vibrant Metro Detroit market Anchored by Dollar Tree (ñ40% of GLA), Jet's Pizza (top 5 store in the Michigan market) and Quest Diagnostics ñ67% occupied by a mix of national and local tenants with varying term remaining + available renewal options Tremendous value-add opportunity through lease-up of the available ñ33% of GLA Easily accessible and only ñ2.5 miles from I-275, ñ2 miles from Ford Motor Company, and in very close proximity to the Detroit Metropolitan International Airport Dense demographics with a 2017 population of ñ161,000 and average HH income of $59,000 within 5 miles of the property Investment Overview: The Shops at Bravada Place is a ñ25,309 SF neighborhood center located at 35681-35809 Van Born Road in Romulus, MI. The Shops at Bravada Pl The Shops at Bravada Place presents investors the opportunity to purchase a Dollar Tree anchored center with large value-add potential through lease-up at market rates. The Shops at Bravada Place sits on a 2.55 AC parcel and contains a multi-tenant, 12-unit, one-story, inline center improved with asphalt paved driveways and parking areas, concrete sidewalks and landscaping. The Property is currently 66.57% occupied by a mix of national and local tenants including Dollar Tree, Jet's Pizza, Quest Diagnostics, an insurance agency, a special needs office, and a Mexican restaurant. Anchored by Dollar Tree, the Shops at Bravada Place provides investors with the national stability of Dollar Tree occupying ñ40% of GLA and staggered lease rollovers through 2021 and extension options. Quest Diagnostics is a National Medical Company whom recently executed their 1st option to extend through 2021 showing their commitment to the center. Additionally, Jet's Pizza is one of the top 5 Jet Pizza's in the Michigan market. The available ñ12,871 SF of in-line retail space are available for immediate lease-up and offers investors immediate up-side through lease-up. The Property is conveniently locat