Mill Valley Center 525 N Main St
36,300 SF 100% Leased Retail Building Milford, MI 48381 $6,795,000 ($187/SF)
INVESTMENT HIGHLIGHTS
- Located in the heart of downtown Milford.
- Heavy pedestrian traffic.
- Numerous national and regional co-tenants.
- Tenants include: Charlie's Still on Main, Michigan Rock School, Team Rehabilitation, Method Barre, Jets Pizza and many others.
EXECUTIVE SUMMARY
The Mill Valley Retail Center provides a potential Investor with the opportunity to purchase a stabilized multi-tenant retail center
located within the heart of downtown Milford, Michigan. Mill Valley is the largest retail center of this size located along Main Street
within this downtown. Its unparalleled location coupled with a near impossible bearer to entry makes this the dominant center in
downtown Milford for years to come.
located within the heart of downtown Milford, Michigan. Mill Valley is the largest retail center of this size located along Main Street
within this downtown. Its unparalleled location coupled with a near impossible bearer to entry makes this the dominant center in
downtown Milford for years to come.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
36,300 SF
Building Class
B
Year Built
1999
Price
$6,795,000
Price Per SF
$187
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.18
Lot Size
4.60 AC
Zoning
B-2 - Central Business Distric
Parking
107 Spaces (2.95 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Atrium
- Signage
- Balcony
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-10-228-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,735,330 |
