Shopping Strip
Valentina Plaza | Childcare Anchored Strip
1820 Perry St, Pontiac, MI 48340
Listing Price: $2,993,392
Investment Overview
This anchored value-add center is situated on a 4.11-acre site along Perry Street in Pontiac, Michigan. Oakland County Michigan Works! One Stop Service Center accounts for 46% of total rental income and has occupied the property since 2018. The tenant is operated by Goodwill of Greater Detroit and has one, three-year renewal option remaining.
Early Childhood Development Center provides additional stability with more than 7.5 years of lease term remaining, a net-leased structure and two, five-year renewal options. Approximately 10,000 square feet of vacant space offers a meaningful lease-up opportunity and potential upside.
The property is located 1.7 miles from two Interstate 75 interchanges and within an established business and industrial corridor. The surrounding area includes major corporate headquarters, manufacturing facilities, distribution centers and 16 hotels within three miles.
Nearby institutions include Oakland University (15,979 students) and Baker College of Auburn Hills (3,572 students). The area has a daytime population of 116,687, while 151,877 people live within five miles and earn an average household income of $108,141.
Valentina Plaza | Childcare Anchored Strip
Investment Highlights
- Oakland County Michigan Works! One Stop Service Center anchors the property and accounts for 46% of total rental income | Managed by Goodwill of Greater Detroit | Operating since 2018
- Early Childhood Development Center has more than 7.5 years of lease term remaining
- Approximately 1.7 miles from two Interstate 75 interchanges with traffic counts of 125,910 vehicles per day
- Positioned on the border of Auburn Hills, a sought after, attractive market of the Detroit MSA | One of Metro Detroit's leading corporate and automotive employment hubs, home to Stellantis, BorgWarner and numerous automotive and technology companies
- Surrounded by major corporate headquarters, engineering facilities, manufacturing operations and distribution centers
- Sixteen hotels are located within a three-mile radius, supporting consistent business travel and corporate demand
- Average household income of $108,141 within five miles
Listing Price: $2,993,392
Investment Highlights
- Oakland County Michigan Works! One Stop Service Center anchors the property and accounts for 46% of total rental income | Managed by Goodwill of Greater Detroit | Operating since 2018
- Early Childhood Development Center has more than 7.5 years of lease term remaining
- Approximately 1.7 miles from two Interstate 75 interchanges with traffic counts of 125,910 vehicles per day
- Positioned on the border of Auburn Hills, a sought after, attractive market of the Detroit MSA | One of Metro Detroit's leading corporate and automotive employment hubs, home to Stellantis, BorgWarner and numerous automotive and technology companies
- Surrounded by major corporate headquarters, engineering facilities, manufacturing operations and distribution centers
- Sixteen hotels are located within a three-mile radius, supporting consistent business travel and corporate demand
- Average household income of $108,141 within five miles
Investment Overview
This anchored value-add center is situated on a 4.11-acre site along Perry Street in Pontiac, Michigan. Oakland County Michigan Works! One Stop Service Center accounts for 46% of total rental income and has occupied the property since 2018. The tenant is operated by Goodwill of Greater Detroit and has one, three-year renewal option remaining. Early Childhood Development Center provides additional stability with more than 7.5 years of lease term remaining, a net-leased structure and two, five-year renewal options. Approximately 10,000 square feet of vacant space offers a meaningful lease-up opportunity and potential upside. The property is located 1.7 miles from two Interstate 75 interchanges and within an established business and industrial corridor. The surrounding area includes major corporate headquarters, manufacturing facilities, distribution centers and 16 hotels within three miles. Nearby institutions include Oakland University (15,979 students) and Baker College of Auburn Hills (3,572 students). The area has a daytime population of 116,687, while 151,877 people live within five miles and earn an average household income of $108,141.
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