高力国际很高兴推出位于沃尔卡得湖29945号-29955号的100％自由继承物业（以下简称“物业”）。该物业是位于密歇根州法明顿希尔斯的17,462平方英尺的零售建筑。该物业由两套测量面积分别为3,670平方英尺和13,792 平方英尺的套件组成。莱斯利游泳池供应店占据了3,670平方英尺套房，而麦德龙地毯和地板作为主要租户占用了剩余的13,792平方英尺。沿着乌节湖路有141英尺的临街，是法明顿希尔斯著名的购物走廊，该物业享有亚市场最高的每日交通量。每天有超过43,000辆汽车通过这个位置，确保零售租户得到他们所渴望的突出。麦德龙地毯和地板入驻到其所占用的空间，并在2016年初开始了新的为期五年的租约。莱斯利游泳池供应店已经在这个地方运营了15年，目前的租约尚有三年多的时间到期，有两个可供选择的五年选择期。
该物业位于底特律地铁和乌节湖路上最繁忙的零售走廊之一。走廊的声誉加上其位于13号和14号米莱路之间的位置确保了持续的和未来的租赁需求。沿着乌节湖特别是12号至14号米莱路约有800,000平方英尺的零售店。空置率只有1.2％，平均租金为每英尺19.14美元，一旦麦德龙地毯的租约到期，将提供显着的增值机会。
Colliers International is pleased to offer for sale the 100% fee simple interest in 29945-29955 Orchard Lake Road (the “Property”). The Property is a 17,462 square foot retail building located in Farmington Hills, Michigan. The Property consists of two suites measuring 3,670 SF and 13,792 SF respectively. Leslie’s Pool Supply occupies the 3,670 SF suite while Metro Carpet & Floors occupies the remaining 13,792 SF as the anchor tenant. With 141’ of frontage along Orchard Lake Road, the preeminent shopping corridor of Farmington Hills, the Property enjoys some of the highest daily traffic volume in the submarket. Over 43,000 cars pass by this location every day ensuring retail tenants get the prominence they desire. Metro Carpet & Floors moved into their space and commenced a new lease in early 2016 for five years. Leslie Pool Supply has been at this location for 15 years and currently has over three years remaining with two available five year options.
The Property is located on the one of the busiest retail corridors in all of Metro Detroit, Orchard Lake Road. The reputation of the corridor plus its location between 13 and 14 Mile Road ensure continued and future leasing demand. There is approximately 800,000 SF of retail located along Orchard Lake, specifically between 12 and 14 Mile Roads. The vacancy is only 1.2% and the average rental rate is $19.14 per foot providing significant value-add opportunity once Metro Carpet’s lease expires. A market rate lease in the large suite could add upwards of $110,000 to the NOI. This potential value-add opportunity is unique for any stabilized asset, especially one located on Orchard Lake Road.
Orchard Lake Road runs from Grand River Avenue through some of Detroit-metro’s most affluent suburban communities and into downtown Pontiac. The Property is 350 yards north of the intersection of 13 Mile Road. Northwestern Highway is to the East and is a continuation of M-10 (The Lodge). I-696, the major east-west highway of Metro Detroit, is located a mile south of the Property. There are an extraordinary amount of upscale and prominent national retailers located near the Property. Some of those retailers include; Whole Foods, Best Buy, Kohl’s, Saks OFF 5th, J.Alexander, Buffalo Wild Wings, CVS, and Starbucks to name a few. The Holocaust Memorial Center is located at 1 mile due south at 28123 Orchard Lake Road. Being located along this corridor ensures stable income for the foreseeable future. This property will be auctioned on Monday, January 1 - Monday, January 1. For information and to register to bid on this property, please visit Ten-X.com.
