48923 Hayes Rd

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48923 Hayes Rd

Shelby, MI 48315
Asking Price
$190K
Asset Type
Retail
Class
Class B

What's Special

48923 Hayes Road is situated in a high-traffic commercial corridor within Shelby Township, Michigan. The property sits near the busy intersection of Hayes Road and 22 Mile Road, surrounded by a blend of established residential neighborhoods and active retail centers. The immediate area features several national grocery chains, pharmacies, and diverse dining options. Access to the site is supported by multiple curb cuts onto Hayes Road, providing efficient ingress and egress for commuters. The location is approximately five miles north of the M-59 corridor, facilitating regional connectivity to the greater Macomb County area. The building’s layout and prominent road frontage make it suitable for a variety of service-oriented retail businesses or professional suites. Ideal use cases include boutique shops, cellular service providers, or specialty food outlets. The location is well-positioned for national franchises seeking visibility or local entrepreneurs targeting the township’s growing demographic. Given the surrounding medical offices and schools, the asset is also appropriate for health-focused tenants, such as physical therapy clinics or urgent care centers. The existing parking capacity supports a consistent flow of daily visitors and appointment-based client services.

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NOI
$80,000
Cap Rate
42.11%
DSCR
7.09
Strong
Cash-on-Cash
120.56%
Monthly Payment
$940.016
Annual Cash Flow
$68,719.804

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