Listed by Friedman Real Estate
$2,600,000
Huron Centre
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 21,345
Cap Rate 8.85%
NOI $230,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Acreage 1.340
Ground Lease No
Performing Retail Asset Along High Traffic Corridor
Marketing description
For Sale
Investment highlights
- ±21,345 SF multi-tenant retail center in Waterford, MI
- 100% occupied with stable tenancy in low vacancy market
- Diverse & service-oriented tenant mix
- Visible location along M-59, a high traffic commercial corridor
- Dense rooftops and strong surrounding demographics
- Upside through converting gross leases to NNN
- NOI: ±$230,000 (8.8% Cap)
Listing Contacts
Listed by Friedman Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$230,000.00
$19,166.67/mo
Valuation Metrics
0
DSCR
8.85%
Cap Rate
8.85%
ROI
Map
Zoning
C-UB CommercialSpecial CommercialUrban Business
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View all 22 uses
View all 22 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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