22874 23 Mile Rd

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22874 23 Mile Rd

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

What's Special

22874 23 Mile Road is located in Macomb, Michigan, situated along a primary east-west commercial corridor. The surrounding neighborhood is characterized by a blend of established residential subdivisions and growing retail developments. The property offers proximity to major retailers, local businesses, and dining options centered around the 23 Mile and Romeo Plank Road intersection. Accessible via M-53 to the west and I-94 to the east, the site benefits from consistent suburban traffic flow and localized commuter transit patterns. This retail asset is suited for businesses seeking frontage in a developed residential trade area. The building configuration supports a variety of use cases, including boutique retail, professional service offices, or small-scale medical satellite clinics. Typical tenants for this location include local service providers, specialty retailers, or neighborhood-focused franchises that prioritize visibility to local residents. The site layout accommodates standard parking requirements and inventory processing typical of community-oriented commercial operations.

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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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