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Prospect Hill Shopping Center 510-670 Highland Ave
1,660 - 5,660 SF of Retail Space Available in Milford, MI 48381
Highlights
- Milford’s largest and only major grocery-anchored Center
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 4,000 SF | 1-30 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | ||
| 1st Floor | 1,660 SF | 1-30 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
530-670 Highland Ave - 1st Floor
Join Milford’s largest and only major grocery-anchored shopping center. Kroger recently renovated, expanded, and added a fuel station demonstrating a strong performing store and commitment to the Milford trade area. There is prominent pylon signage available along W. Summit Street at the centers main entrance. Co-tenants include Great Lakes Ace Hardware, Starbucks, Little Caesars Pizza, Henry Ford OptimEyes, T-Mobile and more! There is a turn-key former urgent care available for lease.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
510-520 Highland Ave - 1st Floor
Join Milford’s largest and only major grocery-anchored shopping center. Kroger has recently undergone renovations, expanded and added a fuel station, showcasing its strong performance and commitment to serving the Milford trade area. The center features prominent pylon signage along W. Summit Street at its main entrance. Co-tenants include: Great Lakes Ace Hardware, Starbucks, Little Caesars Pizza, Henry Ford OptimEyes, T-Mobile, and more! Additionally, a turnkey former urgent care facility is now available for lease.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT Prospect Hill Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Great Lakes Ace Hardware
- Hardware
- 5,165
- International
- Kroger
- Supermarket
- 2,198
- National
| Tenant | Description | US Locations | Reach |
| Great Lakes Ace Hardware | Hardware | 5,165 | International |
| Kroger | Supermarket | 2,198 | National |
PROPERTY FACTS FOR 510-670 Highland Ave , Milford, MI 48381
| Centre Type | Neighborhood Center | Frontage | |
| Parking | 495 Spaces | Gross Leasable Area | 129,705 SF |
| Stores | 13 | Total Land Area | 24.00 AC |
| Centre Properties | 2 | Year Built | 1981 |
| Centre Type | Neighborhood Center |
| Parking | 495 Spaces |
| Stores | 13 |
| Centre Properties | 2 |
| Frontage | |
| Gross Leasable Area | 129,705 SF |
| Total Land Area | 24.00 AC |
| Year Built | 1981 |
About the Property
Milford' s largest grocery anchored shopping center. Kroger recently expanded and added a fueling station. Multiple points of access along Highland Avenue, North Milford Road and Commerce Street. Ample parking and excellent visibility. Monument signage available. Co-tenants include: Little Caesar's, Wild Bills Tobacco, GNC, Henry Ford OptimEyes, The UPS Store and more.
- Pylon Sign
- Signalised Intersection
Nearby Major Retailers
Presented by
Prospect Hill Shopping Center | 510-670 Highland Ave
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