12207 Grand River Ave - Freestanding FOR SALE


Detroit, MI 48204- Mackenzie
$1,220,000 USD
248-207-6307
12207 Grand River Ave, Detroit, MI for Sale
$1,220,000 USD
Freestanding - FOR SALE
1/5
null | 9% Cap Rate

12207 Grand River Ave
Detroit, MI 48204
Mackenzie


OVERVIEW

Single-tenant net lease Family Dollar property located in Detroit, MI,NN+ lease with ±2.2 years remaining and (5) 5-year renewal, options Located at the hard corner of Grand River Avenue & Birwood Avenue with multiple points of entry/access Offered at low rent/SF – strong credit asset at well below replacement cost±9,180 SF building situated on ±0.75 acresStrong dollar store demographics in a densely populated market, just 15 minutes from downtown Detroit, MI,Family Dollar on Grand River Detroit .75 acre with 307' frontage, this property can be a part of portfolio for investors .Please don't call the store or speak to staff about the sale or any details. This is an active Family Dollar Store, Great location high profile store and does high volume business Can be purchased with another Dollar General portfolio. 13018 Fenkell Detroit former Dollar Tree and 14305 Harper Ave Detroit MI total price 3.5 Millions

FOR SALE DETAILS

PRICE

$1,220,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

25,927 SF

ZONING

C

APN/PARCEL ID

18-00682-835

ASK ABOUT THIS PROPERTY

Joseph ManuelMy Realty LLCMore Info
248-207-6307

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Joseph ManuelMy Realty LLCMore Info
248-207-6307

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.