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Oakland Mall 86-750 W 14 Mile Rd

50 - 261,000 SF of Retail Space Available in Troy, MI 48083

Virtual Tour

Highlights

  • Oakland Mall in Troy offers 116 stores, including big-box retailers, and a diverse food court creating a vibrant shopping hub near Detroit.
  • Enjoy family-friendly entertainment and new additions like Miniso and restaurants such as Seapot, enhancing the dynamic experience at Oakland Mall.
  • Seize the opportunity to invest and enhance business visibility to a thriving residential community by securing available space at Oakland Mall.
  • Anchored by Macy's, JCPenney, Dick's Sporting Goods, and Hobby Lobby, Oakland Mall provides ample foot traffic to a diverse range of patrons.
  • Located conveniently near Interstate 75, Oakland Mall hosts engaging events year round, solidifying its role in Troy's lively community.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • Lower Level
  • 50-22,746 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • TBD
412 W 14 Mile Rd - Lower Level
Space Use
Retail
Availability
Now
  • 1st Floor
  • 50-238,254 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • TBD
412 W 14 Mile Rd - 1st Floor
Space Use
Retail
Availability
Now
Space Size Term Rental Rate Rent Type
Lower Level 50-22,746 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request TBD
1st Floor 50-238,254 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request TBD

412 W 14 Mile Rd - Lower Level

Size
50-22,746 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
Now

412 W 14 Mile Rd - 1st Floor

Size
50-238,254 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Availability
Now

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 86-750 W 14 Mile Rd , Troy, MI 48083

Min. Divisible 50 SF
Center Type Super Regional Mall
Parking 3,641 Spaces
Stores 130
Center Properties 10
Frontage
1,696’ on 14 Mile Rd
  • 2,703’ on I-75 Expy
  • 2,598’ on John R Rd
Gross Leasable Area 1,744,422 SF
Total Land Area 105.07 AC
Year Built 1968

About the Property

Welcome to Oakland Mall, located at 412 W 14 Mile Road in Troy, a bustling suburb of Detroit. As a super-regional shopping center, Oakland Mall offers a vibrant, family-friendly atmosphere with a diverse array of 116 stores, including popular big-box retailers and a delectable food court. Anchored by Macy's, JCPenney, Dick's Sporting Goods, At Home, and Hobby Lobby, the mall caters to a wide range of tastes and needs. Dedicated to enhancing the visitor experience, Oakland Mall's management continuously introduces family-centric entertainment and exciting events that bring ample foot traffic to storefronts. The addition of new businesses in 2024, such as the Japanese household goods store Miniso and restaurants like Seapot and Bokoba, further enriches the dining and shopping options available to patrons. Beyond its retail offerings, Oakland Mall has established partnerships with local attractions like Canterbury Village, hosting engaging events like the Dinosaur Winter Wonderland exhibit. The mall's convenient location at the intersection of 14 Mile and John R. Road, adjacent to Interstate 75, ensures easy accessibility and visibility throughout the greater Detroit region. Troy is renowned for its picturesque residential neighborhoods, top-tier schools, and vibrant culinary scene, making it an ideal setting for Oakland Mall. Take advantage of the opportunity to move or start a business at the Oakland Mall, where the latest trends, family activities, and diverse dining options ensure a dynamic experience at the heart of Troy's thriving community.

  • Dedicated Turn Lane
  • Food Court
  • Freeway Visibility
  • Property Manager on Site
  • Pylon Sign
  • Signalized Intersection
  • Kiosk/Cart Space
  • Enclosed Mall

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
5,894
107,127
288,826
432,228
2029 Population
5,900
105,984
285,981
427,832
2024-2029 Projected Population Growth
0.1%
-1.1%
-1.0%
-1.0%
Median Age
41.1
40.4
40.6
40.8
College Degree + Higher
37%
39%
43%
26%
Daytime Employees
18,304
73,242
216,850
235,065
Total Businesses
1,158
7,816
21,526
28,870
Average Household Income
$60,713
$92,698
$102,026
$102,660
Median Household Income
$45,500
$75,275
$81,036
$79,969
Total Consumer Spending
$72.3M
$1.4B
$4B
$5.9B
2024 Households
3,422
45,633
123,403
182,650
Average Home Value
$287,307
$267,566
$296,716
$297,053

Nearby Amenities

Restaurants

Dairy Queen - - 13 min walk
Starbucks Cafe $ 11 min walk
Chili's Grill & Bar - - 6 min walk
Bob Evans Restaurants - - 7 min walk
Longhorn Steakhouse - - 5 min walk
Grand Azteca Mexican $ 3 min walk

Retail

Bath & Body Works Health & Beauty Aids 13 min walk
Forever 21 Unisex Apparel 13 min walk
Lids Accessory 13 min walk
H&M Unisex Apparel 13 min walk
Kay Jewelers Jewelry/Watches 13 min walk
Dick's Sporting Goods Sporting Goods 13 min walk

Hotels

Courtyard
147 rooms
5 min drive
Residence Inn
96 rooms
4 min drive
Marriott
350 rooms
7 min drive
Hilton Garden Inn
114 rooms
8 min drive

Leasing Agent

Leasing Agent

Power Broker
(586) 850-5678
Contact
Mario Kiezi, Manager
(586) 850-5678
Contact
Mario Kiezi is an entrepreneur with an acute ability to identify and capitalize on business opportunities. He has an extensive history of maximizing business operations in retail store operations and real estate development.
Kiezi refers to himself as a merchant by heart and developer by trade, a first-generation developer who started in the real estate business in 2013. Kiezi has since shifted his focus to retail and real estate opportunities throughout the states of Michigan and Ohio. Kiezi focuses on forward-thinking retail while acquiring, managing and developing over 2,000,000 square feet of commercial real estate throughout his development region.

About the Owner

Mkiezi Investments is a family-owned development firm based in Troy, Michigan. Their investment firm focuses on the design, construction, and management of several retail assets throughout Northwest Ohio and Metro Detroit, Michigan.
Read More
  • Listing ID: 32056742

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 86-750 W 14 Mile Rd, Troy, MI 48083

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