9 Mile Plaza – Warren, MI

5101 East 9 Mile Road, Warren, MI, USA

Sands Investment Group is pleased to exclusively offer for sale the 11,037 SF 9 Mile Plaza Asset in Warren, MI. The 100% occupied, multi-tenant retail center provides immediate cash flow, with 3 month-to-month leases offering opportunities for rental upside through long-term lease agreements. The property also features 46 parking spaces and a recently sealcoated parking lot.

  • 100% Occupied Retail Center: Fully occupied multi-tenant shopping center providing investors with immediate in-place cash flow and no current vacancy exposure.
  • Established, Long-Term Tenancy: Strong history of long-standing tenants demonstrates tenant commitment, business stability, and the center’s established presence within the surrounding community.
  • Significant Value-Add Opportunity: 3 tenants currently operating on month-to-month leases, providing an incoming investor with opportunities to negotiate new long-term leases and increase rental income.
  • Below-Market Rents with Upside Potential: Existing rental rates below prevailing market levels offer potential for future rent growth, increased NOI, and value appreciation through strategic lease renewals.
  • Strategic Location Near Major Employers: Located ~0.5 miles from major General Motors and Stellantis automotive manufacturing facilities, benefiting from the area’s established industrial employment base.
  • Convenient On-Site Parking: ~46 surface parking spaces with a recently sealcoated parking lot, enhancing the property’s curb appeal and providing convenient access for tenants and customers.
  • Convenient Proximity to Detroit Airports: ~6 miles from Coleman A. Young International Airport (Detroit City Airport), with Detroit Metropolitan Wayne County Airport (DTW) ~30–35 miles away by road, offering regional and international connectivity.

IN COOPERATION WITH: Sands Investment Group Michigan, LLC – Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman – MI Lic. # 6502424113

Price

$1,350,000

Cap Rate

8.67%

PREMISES

11,037 SF

YEAR BUILT

1992

RENEWAL OPTIONS

Varies

Lease Expiration

Varies

Lease Type

Modified Gross, NNN

RENTAL INCREASES

Varies

BROKERS

Alex Anttila
Fort Lauderdale

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