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9169-9369 Telegraph Rd
Redford, MI 48239
Redford Plaza · Retail Property For Sale

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Investment Highlights

  • Value-Add Opportunities
  • Strong Tenant Performance with Long-Term Stability
  • Dominant Retail Center in Trade Area
  • WALT: 5 Years

Executive Summary

Landmark Investment Sales is pleased to exclusively offer for sale, Redford Plaza, the dominant grocery-anchored power center serving a dense and growing population of approximately 346,850 residents within a five-mile radius. This offering represents a rare opportunity to acquire a well-located, stabilized retail asset at a price significantly below replacement cost, with both durable income and meaningful upside. Redford Plaza is ideally positioned for investors seeking long-term stability, strong tenant performance, and value enhancement within a dense, high-income suburban Detroit submarket. Redford Plaza features a diverse and highly productive tenant lineup anchored by Sun Valley Market, Burlington, and Ross Dress for Less, complemented by a strong mix of national, regional, and local daily-needs and service-oriented retailers. The center benefits from consistently high unit-level performance and a tenant mix that drives frequent, repeat customer visits. In addition to stable in-place cash flow, the property offers multiple value-add opportunities, including lease-up potential (14,150 SF), mark-to-market rental rate growth, and future densification (ability to create outparcel), as well as the potential to monetize value through the strategic sale of the STNL AutoZone and Clean Express Car Wash.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
308,078 SF
Building Class
C
Year Built/Renovated
1963/2024
NOI
$4,895,838 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
7 Exterior
Building FAR
0.31
Lot Size
22.98 AC
Zoning
Commercial - General Commercial District
Parking
286 Spaces (0.93 Spaces per 1,000 SF Leased)
Frontage
586’ on Telegraph Rd

Amenities

  • Pylon Sign
  • Listing ID: 39674851

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 9169-9369 Telegraph Rd, Redford, MI 48239

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