Other

19.58-Acre Development Opportunity | Madison Heights, MI

27593 Dequindre Rd, Madison Heights, MI 48071

Listing Price: $3,720,000

Click To Access Offering Memorandum
  • Building SF19.58 Acres
  • Price/SF$190.00/Acre
  • Year Built / RenovatedN/A

Investment Highlights

Key Property Highlights

  • 19.58 Acre Assemblage Along Dequindre Road
  • Zoning Flexibility Including Mixed Use, B2 Planned Business, and B3 General Business
  • Positioned Along Established Dequindre Road Retail Corridor with Consistent Daily Traffic
  • Approximately 530 Feet of Dequindre Road Frontage with Future Signalized Access
  • Proximity to 500,000+ SF Tri County Commerce Center Occupied by Amazon, LG Electronics, and Bridgewater Interiors
  • 11.5M SF Retail Inventory with 90% Occupancy Within 5-Mile Radius
  • Near National Retailers Including Kroger and Target Supporting Strong Consumer Draw

Additional Highlights

  • Located Within Major Employment Corridor Anchored by General Motors and Stellantis
  • Supported by Local Healthcare Infrastructure Exceeding 300 Licensed Beds
  • Access to Regional Education Base Including Walsh College Approximately 900 Students and Oakland Community College
  • Municipal Investment Along 11 Mile Corridor Supporting Long Term Area Growth
  • Dense Trade Area with 330,327 Residents Within 5 Miles and More Than 123,000 Daytime Employees Within 3 Miles
  • Stable Retail Market with Approximately 8.6 Percent Vacancy Rate
  • Large Scale Infill Development Opportunity in Supply Constrained Oakland County Market
Lead Agent

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613