Franklin Plaza

Retail-Commercial for Lease
Also listed as Shopping Center
Catylist Listing ID: 30171862
Property Subtypes: Mixed Use, Retail-Pad, Other
Contiguous Space: 960 - 4,460 SF
Building Size (RSF): 59,950 SF
Gross Building Area: 9,100 SF
Gross Land Area: 6.16 Acres
Lease Rate: $16 PSF (Annual)
Base Monthly Rent: $5,946
Lease Types: NNN
Ceiling: 15 ft.
In Opportunity Zone? Yes
Building Name: Franklin Plaza
Usable Size (USF): 9,100 SF
Last Updated: 9/18/2023

Overview / Comments

Franklin Plaza, a 59,950 sq. ft. retail center located on busy intersection of Northwestern Highway and 12 Mile Road with excellent main road frontage. Ideal location for retailers of all variety of uses with reasonable, affordable, and economical lease. Close proximity to I-696 and M-10 Freeway.

Expand All Available Space

Available Space 4,460 SF $16 PSF (Annual) NNN
Space Available: 4,460 SF
Minimum Divisible: 960 SF
Lease Rate: $16 PSF (Annual)
$5,946 (Monthly)
Lease Type: NNN
Date Available: 10/12/2017
Lease Term: 36 Months
Space Type: Relet
Tax Expenses $114,432 PSF (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Southfield N of 10 Mile
Tax ID/APN: 76-24-07-351-109
Zoning: B2
Retail Clientele: General, Family, Other
Property Located Between: 12 Mile Road
Traffic/Vehicle Count: 77,166
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 1977
Year Renovated: 2003
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample
Sprinklers: Other
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,020 73,225 252,561
Median Age: 39.28 44.86 43.37
Households: 5,192 32,147 104,477


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