Merchants Marketplace Shopping Center

27616 Middlebelt Road, Farmington Hills, MI 48334

  • For Sale $11,135,600
  • Property Type Retail - Strip
  • Property Size 63,805 SF
  • Units 13
  • Lot Size 7.54 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1995
  • Date Updated Jan 23, 2025
Farmington Hills, MI, is located in the heart of Oakland County, this thriving community offers convenient access to major transportation routes, dining, and retail options. With a strong local economy and a diverse workforce, Farmington Hills is an ideal location for an office or office building investment. Nearby points of interest include the Farmington Hills Golf Club, Heritage Park, and the Marvin's Marvelous Mechanical Museum. The area's excellent schools and welcoming neighborhoods make it an attractive choice for professionals and businesses looking to establish a presence in this dynamic and growing region.Introducing an outstanding investment opportunity: a thriving multi-tenant shopping center located at the hard corner of Middlebelt and 12 Mile Road in Farmington Hills. Anchored by well-known brands such as CVS and Planet Fitness.
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Highlights

  • 100% Occupied Multi-tenant shopping center anchored by CVS & Planet Fitness
  • 8 of 13 tenants have been at the property for 15+ years
  • 13 units, with all NNN leases
  • Recession proof line-up, service-oriented & essential retailer tenant mix
  • Rent Growth: majority of base rent subject to annual increases
  • Below market rent rates allowing for upside and income growth
  • Hard corner at Middlebelt & 12 Mile Road | 35,800 VPD
  • High-visibility pylon signage available
  • Over 300 surface parking spaces
  • 520 Ft. Frontage on 12 Mile Rd. & 970 Ft. on Middlebelt
  • Convenient ingress/egress access from both 12 Mile & Middlebelt Roads
  • Surrounded by well-developed, densely populated subdivisions
  • Located 1 mile north of Mercy High School & 1 mile east of major highway I-696
  • Strong Demographics: 193,823 PPL & $133,108 avg. HHI in 5-mile

Contacts

broker
Simon Jonna

Colliers

Location

Getting Around

  • Walk Score ®

    50/100 Somewhat Walkable

  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Zip Code 48334
  • Market Detroit

Points of Interest

  • Troy

    8.08 miles

  • CDM Transport LLC

    9.55 miles

  • Pontiac

    9.61 miles

  • Royal Oak

    9.71 miles

  • BP

    0.15 miles

  • Sunoco

    0.16 miles

  • Shell

    1.06 miles

  • Marathon

    1.11 miles

  • Tesla Supercharger

    6.63 miles

  • Bosch

    7.08 miles

  • Enel X

    8.17 miles

  • Livonia, MI Supercharger

    8.20 miles

  • EVgo

    8.36 miles

  • EV Charging LLC

    9.16 miles

  • Lot 1A

    1.40 miles

  • Lot 1B

    1.42 miles

  • Lot 1C

    1.45 miles

  • Lot 4

    1.61 miles

  • Lot 5

    1.64 miles

  • Lot 6

    1.89 miles

  • Lot 9

    1.91 miles

  • Lot 7

    1.95 miles

  • Lot 8

    1.98 miles

  • Public Parking

    2.93 miles

  • Ginopolis' Bar-B-Q Smokehouse

    0.21 miles

  • Subway

    0.94 miles

  • Sozai Chicken

    0.94 miles

  • Sushi Ko

    0.94 miles

  • Wendy's

    0.98 miles

  • DTT Crab House

    1.00 miles

  • Arby's

    1.05 miles

  • Burger King

    1.12 miles

  • Einstein Bros. Bagels

    1.13 miles

  • Happy's Pizza

    1.14 miles

  • Kroger

    0.98 miles

  • Orchard Foods & Grocery

    1.32 miles

  • Gordon Food Service

    1.63 miles

  • Heartland Marketplace

    1.99 miles

  • Johnny Pomodoro's Fresh Market

    2.08 miles

  • Burlington

    2.10 miles

  • ALDI

    2.12 miles

  • TJ Maxx

    2.23 miles

  • Zamzam Fresh Foods

    2.24 miles

  • Saks OFF 5TH Fashion Outlet

    2.27 miles

Frequently Asked Questions

How much does Merchants Marketplace Shopping Center cost?

The space currently listed for sale at Merchants Marketplace Shopping Center asks for $11,135,600.

What is the total square footage of Merchants Marketplace Shopping Center?

Merchants Marketplace Shopping Center totals 63,805 square feet.

When was this property built?

Merchants Marketplace Shopping Center was built in 1995.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Simon Jonna

Colliers

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