426,016 Square Foot Retail Space For Sale @ 33300 W 14 Mile Rd
33300 W 14 Mile Rd, West Bloomfield, MI 48322
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Simon J.
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. Grocery-Anchored Center Compromised of 80,278 Square Feet
. High-End Grocer Busch’s Market Occupies 41,963 Square Feet
. Synergistic Mix of Regionally Recognized Tenants
. Recently Renovated and Designed with Modern Architectural Detail
. West Bloomfield is Located in Oakland County, Michigan
. Excellent Demographics
The Jonna Group of Marcus & Millichap has been selected to exclusively market for sale Simsbury Plaza, located in prestigious West Bloomfield, Michigan . At 100% occupancy and historically near or at 100%, this premier real estate is anchored by regionally recognized Busch’s Fresh Food Market, a high-end grocery chain with 15 locations . Simsbury Plaza is comprised of 80,278 square feet and includes a versatile tenant mix under all triple-net leases, such as Sposita’s Italian Ristorante, Yoz Yogurt, Ninja Sushi, and others, serving as destination points for the dense and highly affluent surrounding community .
The asset is secured by long-term leases, including 13+ years remaining on Busch’s Market’s 41,963 square feet, with two upcoming rent increases and five (five-year) option terms with additional increases . Co-anchoring the plaza is Paws and Claws, a 9,450-square-foot pet supply and grooming retail store that recently signed a 15-year corporate lease .