16500 26 Mile Rd

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16500 26 Mile Rd

macomb, MI 48042
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

16500 26 Mile Road is located in Macomb, Michigan, situated along a primary east-west commercial corridor. The surrounding neighborhood features a mix of established residential subdivisions and burgeoning commercial developments. The property sits near the busy intersection of 26 Mile Road and Romeo Plank Road, providing access to local shopping centers, grocery anchors, and service-oriented businesses. Transportation access is supported by the site’s proximity to M-53 (Van Dyke Freeway), which connects the area to the broader Detroit metropolitan region. The property is suited for a variety of retail uses, including boutique storefronts, quick-service restaurants, or specialized service providers. Its location within a growing residential pocket makes it an ideal fit for tenants seeking to serve the local suburban demographic. Typical tenants for this asset type include neighborhood-scale retailers, medical offices, or professional service firms requiring visibility and convenience for daily commuters and area residents.

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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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