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13741058
13741059

700 W Big Beaver Rd, Troy, MI 48084

SJ
MI MI 6501357188, MI
The Jonna Group at Colliers International
TF
MI MI 6501295851
The Jonna Group at Colliers International
RJ
MI 6501357188
The Jonna Group at Colliers International
Listed by The Jonna Group at Colliers International
$42,800,000
936 days on market
Updated 63 days ago

City Center Retail Collection

Details
Property Type Retail
Sub Type Restaurant, Shopping Center (+1)
Square Footage 62,364
Occupancy 90%
Tenancy Multi
Brand/Tenant Shake Shack, Fidelity (+5)
Lease Type Absolute NNN
Rent Bumps Yes
Price per SqFt $686
Class A
Year Built 1978 - 2019
Acreage 7.130
Parking Spaces 250 spaces
Parking Per SqFt 4.01
Investment Type Core+
Tenant Credit Credit Rated, Corporate Guarantee
Ownership Fee Simple

62,364 SF Shopping Center in Affluent Neighborhood

Marketing description

City Center Retail Collection strategically located in Troy, Michigan, comprised of 15 national & local high performing retail brands. This investment opportunity offers coveted stores in a highly affluent community, not only in Michigan, but across the United States.

Investment highlights

  • RETAIL TENANTS: THE YARD HOUSE, SHAKE SHACK, FIDELITY, SEASONS 52, HUDSON CAFÉ, KURA SUSHI, SMILE MANAGEMENT SERVICES, TOKKI FOODS, CONDADO TACOS, DAT VENTURES, SMART CHOICE FOOD, TRION SOLUTIONS, MK LIFESTYLE BRANDS, SHARING THE JUICE, & GREEN TROY.

  • 1,100 FT FRONTAGE ON BIG BEAVER ROAD

  • AFFLUENT CITY OF TROY | TOP 10 RANKING IN MICHIGAN & TOP 100 RANKING IN UNITED STATES

  • CLOSE PROXIMITY TO I-75

  • 1.5 MILES EAST OF SOMERSET COLLECTION MALL, ONE OF THE 100 BEST PERFORMING MALLS IN THE UNITED STATES

  • $144k+ AVERAGE INCOME IN 5-MILE RADIUS

  • FULL-SERVICE AMENITIES SUCH AS 24-HOUR ON-SITE SECURITY, ELECTRONIC MONITORING, AND ON-SITE MANAGEMENT

Listing Contacts

SJ
MI MI 6501357188, MI
The Jonna Group at Colliers International
TF
MI MI 6501295851
The Jonna Group at Colliers International
RJ
MI 6501357188
The Jonna Group at Colliers International
Listed by The Jonna Group at Colliers International

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Additional Information

Name
Simon Jonna
License
MI 6501357188
Brokerage
Jonna Group | Colliers
Brokerage Phone
2482261610
Title
MI
Name
Tony Fayne
License
MI 6501295851
Brokerage
Colliers
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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