3850 Monroe St - Convenience Store FOR SALE


Dearborn, MI 48124
$2,000,000 USD
248-702-0288
3850 Monroe St, Dearborn, MI for Sale
$2,000,000 USD
Convenience Store - FOR SALE
1/4
null | 5% Cap Rate

3850 Monroe St
Dearborn, MI 48124


HIGHLIGHTS

  • Established Location | Recent 10 Year Lease Extension | 7- Eleven Has Successfully Operated At This Site For Over 25 Years
  • 2,940 SF Single Tenant 7-Eleven Convenience Store Situated on .48 Acres
  • Absolute "NNN" Net Lease - Zero Landlord Responsibilities
  • Corner of Dartmouth & Monroe w/ Multiple Points of Ingress and Egress & Ample Parking
  • Strong Demographics | 3-MIle Population Exceeds 107,600 & Avg Household Income $85,687
  • Dense Residential Surrounding Property w/ Multiple Schools & Recreation Centers

OVERVIEW

Established Location | Recent 10 Year Lease Extension | 7-Eleven Has Successfully Operated At This Site For Over 25 Years

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$680 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-11

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C1, Dearborn

APN/PARCEL ID

32-09-332-29-016

ASK ABOUT THIS PROPERTY

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.

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.