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5703-5727 S Wayne Rd
Wayne, MI 48184
South Wayne Center · Retail Property For Sale
Investment Highlights
- 100% occupied 3 unit retail center.
- Below market rents if the new owner has plans of increasing rents.
- Prime Retail Corridor: Positioned along S Wayne Rd, one of Wayne’s busiest commercial streets, with 20,000+ vehicles per day ensuring high visibility.
- All 3 tenants have renewed their lease multiple times.
- Established Retail Hub: Surrounded by national retailers including Kroger, CVS, Dollar General, and McDonald’s.
- Over 150,000 residents within a 5-mile radius provide a built-in customer base for tenants.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,200 SF
Building Class
C
Year Built
1975
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.54 AC
Zoning
C - Commercial
Parking
30 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 55-019-03-0001-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $205,800 |
Property Taxes
Parcel Number
55-019-03-0001-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$205,800
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