35173 E Michigan Ave

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35173 E Michigan Ave

wayne, MI 48184
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

35173 E Michigan Avenue is located in Wayne, Michigan, positioned directly along a primary east-west commercial corridor. The surrounding neighborhood features a mix of established local businesses, residential pockets, and national retailers. The property benefit from high visibility and proximity to major regional anchors, including the Ford Michigan Assembly Plant and the Beaumont Hospital Wayne campus. Transportation access is convenient, with immediate entry to US-12 and close proximity to I-275 and I-94, facilitating transit for employees and customers throughout the Metro Detroit area. The building's layout and prominent road frontage make it suitable for a variety of retail applications, such as professional services, specialty storefronts, or franchise operations. Ideal tenants include businesses that require consistent automotive traffic and easy accessibility for a local consumer base. The asset typically appeals to service-oriented providers, medical office users, or traditional retailers seeking a stable location within a high-density industrial and residential suburban hub.

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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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