Park Place - 8023 Grand River Avenue

Shopping Center for Sale
Catylist Listing ID: 30803427
Property Subtypes: Strip Center
Building Size (RSF): 10,327 SF
Gross Building Area: See Agent
Gross Land Area: 1.54 Acres
Sale Price: See Agent
Property Use Type: Investment
Building Name: Park Place
Sale Terms: Cash to Seller, Other
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 6/29/2022

Overview / Comments

Well maintained center with newly installed roof, parking lot, & well. Value-add opportunity. Will sell well below replacement cost. Quick access to I-96. Ample parking & great visibility. Surrounded by several national, regional, and local tenants. In the outstanding community of Brighton.

Located on the east side of Grand River Avenue, just north of I-96.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Submarket/Township: Howell/Brighton Area
Tax ID/APN: 12-19-100-072
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1988
Parking Type: Surface
Total Parking Spaces: 54

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,298 26,593 64,911
Median Age: 45.52 44.52 41.97
Households: 1,360 10,821 24,693


Photograph of Listing Agent

Kevin Jappaya, CCIM

KJ Commercial CPIX Member
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