20732-20758 Pontiac Trail Rd
South Lyon, MI 48178

Please do not disturb tenants. Please contact the listing broker to schedule a property tour. Investment Highlights: Premium Retail Center Shadow Anchored with High Volume Kroger Traffic Counts: Pontiac Trail = 14,074 VPD | 8 Mile Road = 7,249 VPD 79% occupied, giving upside potential Quality Class "A" construction Solid demographics in a growing community Investment Overview: Lyon Town Square is a 19,565 square foot Kroger shadow anchored retail center located at the signalized corner of 8 Mile Road and Pontiac Trail in South Lyon, Michigan. Kroger is the leading grocer in the area and showed commitment to this location by buying their site 4 years ago and added a Kroger Fuel Station.Tenants include: Anytime Fitness, T-Mobile, South Lyon Watch & Jewelry, China House Restaurant, Jasmine Nails, Smokers Club, and Michigan Fireworks, and Leo's Coney Island (outlot not part of the offering) The center has an outstanding hard corner location and has will provide a steady income stream and still providing upside by filling the current vacancies. enjoyed long term tenancy from the existing tenant base and will offer an investor a stable income stream with built in rental growth and upsid enjoyed long term tenancy from the existing tenant base and will offer an investor a stable income stream with built in rental growth and upside in leasing the current vacancy. Lyon Town Square is being offered free and clear of all existing debt. South Lyon is located in the southwestern corner of Oakland County and is minutes from I-96 and US 23. South Lyon offers small town charm with big city amenities. The center of South Lyon's business district is 10 Mile Road and Pontiac Trail (known as Lake Street and Lafayette Street within the City limits). Just 3.5 square miles in size, the City offers a wide variety of housing options, parks, a bike path and much more. South Lyon and the surrounding area is a developing, semi-rural community in the southwest corner of Oakland County that has become one of the fastest growing communities in the state of Michigan. The subject property is located within the Central I-96 Submarket which consists of 702 retail buildings totaling 12.38 million square feet with a current occupancy of 93 percent. The rental rates in the submarket currently range from $7.47 to $37.50 per square foot with an average rental rate of $19.21 per square foot on a N