• Main Place of Royal Oak - 410 & 500 South Main Street, Royal Oak, MI, 48067

For Sale

Retail

For Sale

This property is available for sale
1.0
Acres
$21,700,000
Sale Price
  • Year Built
    2002 (Renovated 2004)
  • Total Building Size
    61,713 RSF
  • Overview

    This mixed-use property, consisting of two buildings, is currently 97% occupied by 10 tenants with varying lease expirations. The most recent tenants include Buffalo Wild Wings as well as Vectorform who expanded and moved their headquarters here in 2014.

    Due to the small amount of common area, the subject property requires minimal landlord responsibilities.

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Property Details

This mixed-use property, consisting of two buildings, is currently 97% occupied by 10 tenants with varying lease expirations. The most recent tenants include Buffalo Wild Wings as well as Vectorform who expanded and moved their headquarters here in 2014.

Due to the small amount of common area, the subject property requires minimal landlord responsibilities.

  • Property Type
    Retail
  • Submarket
  • Year Built
    2002Renovated 2004
  • Sale Price
    $21,700,000
  • Total Building Size
    61,713RSF
  • Total Acres
    1.0
  • Cap Rate
    7.3%
  • Will build to suit
    No
  • Sewer
    No
  • Corner lot
    No
  • Property ID
    1291692

Landlord's Sales Representatives

  • David Hesano
    CBRE, Inc
     
  • William T. O'Connor
    CBRE, Inc