SOLD
Marcus & Millichap Facilitates $5.4M Sale Of Van Buren Plaza In Belleville, MI
11824 Belleville Road
Retail
43,765 SF
43,765 SF
Sold 94 days ago
Summary
Sale
MICHIGAN
Retail
43,765 sqft
The $5.4 million transaction for Van Buren Plaza in Belleville, a southwest suburb of Detroit, was facilitated by Marcus & Millichap. The retail center, located at 11824 Belleville Road, spans 43,765 square feet and achieved a 94 percent occupancy rate at the time of sale. It boasts a diverse tenant mix of local, regional, and national businesses.
Summary of transaction details
- Asset Type: Retail
- Sale Price: $5,400,000
- Square Footage: 43,765
- Price Per Square Foot: $123
- Market: Van Buren Township, MI
Alex Perez & Chris Garavaglia, representing Marcus & Millichap, played a crucial role as brokers in the deal.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Alex Perez & Chris Garavaglia
DATE: 02/01/2024
ADDRESS: 11824 Belleville Road
MARKET: Van Buren Township, MI
ASSET TYPE: Retail
BROKERS: Alex Perez & Chris Garavaglia - Marcus & Millichap
SALE PRICE: $5,400,000
SF: 43,765 ~ PPSF: $123
NOTE: Marcus & Millichap has facilitated the $5.4 million transaction for Van Buren Plaza in Belleville, a southwest suburb of Detroit. The 43,765-square-foot retail center, situated at 11824 Belleville Road, achieved a 94 percent occupancy rate at the time of sale and features a diverse tenant mix of local, regional, and national businesses.View on map
Loading...
Address11824 Belleville Road
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want