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CenterPointe Plaza 7755 Highland Rd

11,400 SF 100% Leased Retail Building White Lake, MI 48383 $3,115,000 ($273/SF) 6.85% Cap Rate

Mixed Use Properties Michigan White Lake 7755 Highland Rd, White Lake, MI 48383

Investment Highlights

  • Newly Constructed 11,140 Square Foot Retail and Office Center
  • VCA Spent Approximately $1,500,000 for Tenant Improvement to Suite
  • Great Visibility and Easily Accessible From Highland Road Which Exceeds 43,300+ Vehicles Per Day
  • New Long-Term Leases Executed by Medical and Restaurant Service Tenants
  • NNN Leases with Minimal MGMT by Landlord | Attractive Annual Increases by Most Tenants
  • Excellent Location in a Growing Area of White Lake and Surrounded by National Retailers Including Kroger, AutoZone, CVS, Meijer and Many More

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,400 SF
Building Class
B
Year Built
2020
Price
$3,115,000
Price Per SF
$273
Cap Rate
6.85%
NOI
$213,378
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.44 AC
Zoning
LB - Local Business
Parking
53 Spaces (4.65 Spaces per 1,000 SF Leased)
Frontage
200 FT on Highland Road

Amenities

  • Signage
1 of 1

Nearby Major Retailers

Starbucks
Kroger
Comerica
PNC Bank
Leo's Coney Island
Anytime Fitness

PROPERTY TAXES

Parcel Number 12-21-276-023 Improvements Assessment $0
Land Assessment $0 Total Assessment $850,690

PROPERTY TAXES

Parcel Number
12-21-276-023
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$850,690
(248) 702-0288

Contacts

  • Listing ID: 32935850

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 7755 Highland Rd, White Lake, MI 48383

More public record information on 7755 Highland Rd, White Lake, MI 48383

The Retail Property at 7755 Highland Rd, White Lake, MI 48383 is currently available for sale. Contact Encore Real Estate Investment Services for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

CenterPointe Plaza | 7755 Highland Rd
(248) 702-0288 x

CenterPointe Plaza | 7755 Highland Rd

1/3

Deno Bistolarides

(248) 702-0288

(248) 702-0288

Evan Lyons

(248) 535-0354

(248) 535-0354

Joe Lopez

(248) 702-0728

(248) 702-0728

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