2230 Fort St - Freestanding FOR SALE


Lincoln Park, MI 48146
$1,907,000 USD
248-415-2634
2230 Fort St, Lincoln Park, MI for Sale
$1,907,000 USD
Freestanding - FOR SALE
1/7
null | 7% Cap Rate

2230 Fort St
Lincoln Park, MI 48146


HIGHLIGHTS

  • Rare NNN lease with landlord responsibilities limited to the foundation and structure
  • Eight years remaining with seven percent increases in option period
  • High-traffic location with 36,348 vehicles per day along Fort Street (M-85) & a combined 75,378 vehicles per day at nearby Fort St. & Southfield Rd
  • Densely populated market - 130,244 residents within 3 miles
  • Within proximity to national anchors including Kroger, Meijer, Walmart, and Aldi
  • Centrally positioned in the Downriver Detroit market, the “Crossroads of Downriver,” connecting Southgate, Allen Park, Wyandotte, and Taylor

OVERVIEW

Marcus & Millichap is pleased to present this 6,157-square-foot freestanding Advance Auto Parts in Lincoln Park, Michigan. Built-to-suit in 2010 for Advance Auto Parts, the property sits on a 0.94-acre parcel with 28 parking spaces. Located along Fort Street (M-85), a primary Downriver Detroit corridor with 36,348 vehicles per day and a combined 75,378 vehicles per day at the nearby Fort Street and Southfield Road intersection, the property offers strong visibility and accessibility. Positioned within Lincoln Park—known as the “Crossroads of Downriver”—the site benefits from direct access to Interstate 75, downtown Detroit, the Gordie Howe International Bridge, and Detroit Metropolitan Wayne County Airport. The surrounding trade area features 130,244 residents within a 3-mile radius, supported by a blue-collar workforce historically tied to the automotive and steel industries. Consumer demand is reinforced by proximity to national retailers including McDonald’s, Aldi, Walgreens, Family Dollar, Meijer, Walmart, along with healthcare providers such as CareFirst Urgent Care and Get Well Urgent Care. The area is further strengthened by ongoing redevelopment, including the planned transformation of the former Sears site in Lincoln Park. The15.9-acre property is being redeveloped by A.F. Jonna Development into a mixed-use complex with approximately 110,000 square feet of retail space, multiple commercial buildings, business condominiums, and a four-story hotel. Plans also call for national retailers, including Chick-fil-A, along with other commercial tenants. Lincoln Park’s consumer base is complemented by regional amenities such as Grosse Ile and Lake Erie Metropark, along with Wayne County’s economic drivers in healthcare, logistics, education, and advanced manufacturing.

FOR SALE DETAILS

PRICE

$1,907,000 USD

PRICE/SF

$310 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Built-to-Suit Rare NNN Lease 8-Yrs Remaining

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

CM

APN/PARCEL ID

45-009-03-0207-301

ASK ABOUT THIS PROPERTY

Darin GrossMarcus & MillichapMore Info
248-415-2634

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

Darin GrossMarcus & MillichapMore Info
248-415-2634

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