16621 21 Mile Rd

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16621 21 Mile Rd

macomb, MI 48044
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

Located at 16621 21 Mile Road in Macomb, Michigan, this retail property sits within a high-traffic commercial corridor. The surrounding neighborhood is characterized by dense residential subdivisions and established shopping centers featuring national retailers and local services. Residents have immediate access to M-53 (Van Dyke Expressway), a major north-south artery connecting the area to the broader Detroit metropolitan region. The immediate vicinity provides a variety of amenities, including grocery stores, fitness centers, and diverse dining options. The asset is well-suited for a variety of commercial applications, including boutique retail, professional service firms, or satellite medical offices. Ideal tenants would benefit from the consistent afternoon traffic and the strong demographics of the growing Macomb Township community. Typical occupants for a space of this profile include insurance agencies, specialized clinics, or local franchises seeking visibility and accessibility within a stable suburban market.

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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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