18601 15 Mile Rd

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18601 15 Mile Rd

clinton-township, MI 48035
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

18601 15 Mile Road is situated in Clinton Township, Michigan, at the corner of 15 Mile Road and Kelly Road. The surrounding neighborhood is characterized by a blend of established residential communities and busy commercial corridors. The property benefits from its proximity to major local amenities, including the regional shopping hubs along Gratiot Avenue and Groesbeck Highway. Access to the site is provided via several primary thoroughfares, with Interstate 94 located just a few miles to the east, ensuring steady vehicular traffic and logistical connectivity within the Metro Detroit area. This retail asset is suited for a variety of commercial applications, including neighborhood service providers, specialty boutiques, or small-scale convenience retail. The location aligns with the needs of tenants seeking high visibility and frequent interaction with the local commuter base. Typical tenants for this profile include professional service firms, franchise operators, and retail businesses that rely on a mix of local residential density and consistent daily traffic counts. The open layout and street-front presence cater to businesses requiring easy customer ingress and egress.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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