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37025 Grand River Ave
Farmington, MI 48335
The Tile Shop · Retail Property For Sale

Property Facts

Property Type
Retail
Building Size
29,651 SF
Building Class
B
Year Built
1974
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
2.20 AC
Zoning
C-3
Parking
254 Spaces (8.94 Spaces per 1,000 SF Leased)
Frontage
681’ on Grand River Ave

Amenities

  • Pylon Sign

About 37025 GRAND RIVER AVE , FARMINGTON, MI 48335

The Grand River-Halstead Plaza is located at 37025 Grand River Avenue in the City of Farmington, Oakland County. Situated on the Southeast Corner of Grand River and Halsted, the site commands tremendous access to the surrounding communities via M-5, Grand River, 10 Mile Road and Halsted. Additionally, the M-5 ramps provide excellent access to I-275 (North/South), I-96, I-696 (East/West). The immediate surrounding communities include Farmington Hills, Novi, Northville, Livonia, West Bloomfield and Walled Lake/Commerce.This is a very prestigious site that has plenty of upside potential through a turnaround facelift. Rents are currently below market and could be re-tenanted with an upper end mix of tenants should the right plan be introduced after acquisition. Big Kmart Anchored Shopping Center Ideal Location for Turnaround Facelift through Faade Upgrade Tremendous Upside through lease-up and reposition of the Retail Center Lease Rates with existing tenants are Below Market Strong Demographics provide a catalyst to drive a better tenant mix and leasing momentum Excellent visibility along Halsted, Grand River and M-5 -New Roof - 2015 -New Mechanical SEC of Grand River & Halsted

Property Taxes

Property Taxes

Parcel Number
23-29-101-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,122,770
  • Listing ID: 5969862

  • Date on Market: 2/22/2017

  • Last Updated:

  • Address: 37025 Grand River Ave, Farmington, MI 48335

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