28841-28859 Orchard Lake Road, Farmington Hills, MI 48334 For Sale

Market Place Plaza at 28841–28859 Orchard Lake Road, Farmington Hills, MI 48334 presents a compelling retail investment opportunity in one of Metro Detroit’s most established and affluent trade areas. This 23,937 SF multi-tenant center sits on 2 acres along highly trafficked Orchard Lake Road, where more than 48,400 vehicles pass daily, offering exceptional visibility and access. Positioned in a dense retail corridor surrounded by national brands including Home Depot, CVS, McDonald’s, Taco Bell, Aldi, Marshalls, and Meijer, the property benefits from strong consumer draw and long-term area momentum. A planned mixed-use Meijer development in the West Bloomfield trade area is expected to further increase traffic and strengthen retail synergy throughout the corridor. The center features a diverse tenant mix, ample parking with 141 surface spaces, and attractive upside through lease-up of current vacancies. Supported by strong demographics, more than 8,200 residents live within 1 mile, 63,800 within 3 miles, and average household income exceeds $113,000 within a 1-mile radius. With reported NOI of $373,989, Market Place Plaza offers investors stable in-place income with future growth potential in a high-demand suburban retail location.