248-702-0288
3406-3430 Joy Rd, Detroit, MI for Sale
Storefront - FOR SALE
1/5
null | Request Cap Rate

3406-3430 Joy Rd
Detroit, MI 48206
North Detroit


HIGHLIGHTS

  • Significant value-add opportunity through lease-up of remaining vacancies
  • Situated within easy reach of major transportation routes.
  • Multiple Points of Ingress and Egress
  • Population Within a 5 Mile Radius of the Subject Property is in Excess of 350,000
  • Strong Demographics - Average Household Income Within 5 Miles is in Excess of $55,000

OVERVIEW

Encore REIS is pleased to present Joy Dexter Plaza, an 8,551 square foot shopping center located in Detroit, MI. Nestled within a dense and economically diverse community, Joy Road Plaza stands as a terrific value-add opportunity with excellent visibility and frontage on Joy Rd. Anchored by a single 3,000 square foot tenant, this commercial property embodies the resilience and potential for growth that characterizes the local community. The anchor tenant, occupying a substantial portion of the center, brings a unique and valued presence that resonates with the neighborhood's residents. They have shown a commitment to serving the local community by providing services that serve the lives of those in the surrounding area. With ample room for expansion, this shopping center can provide new businesses with an opportunity to lease the additional available space. The potential for diverse retail offerings and community-focused ventures is vast, promising an inclusive hub that addresses the specific needs of the neighborhood's residents. Jerry Helmer, Auctioneer MI License: 6504064915

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Joy Dexter Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,963 SF

ZONING

Commercial

APN/PARCEL ID

12-00271-720

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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