$13,852,000 USD
972-533-2144
5951 Mercury Dr
Dearborn, MI 48126
Henry Ford/Fairlane Town Center
HIGHLIGHTS
- Exceptional Credit Tenant – The Home Depot is the largest home improvement retailer in the world with about 500,000 employees and over 2,300 stores
- Excellent Retail Synergy – Fairlane North shopping center demonstrates excellent retail synergy through the site’s strong shadow anchored tenants
- Strong Traffic Counts and Visibility – The site sits within an extremely dense residential corridor on the northwestern side of Dearborn, MI
- Surrounding Demographics – Dearborn, MI is home to the Ford Motor Company’s world headquarters and The University of Michigan-Dearborn
- Top Performing Store Per PLACER.AI – This store ranks in the top 6% in the state of Michigan, and top 19% nationwide of all the store metrics
- Recent Lease Extension – In 2020 the tenant extended their lease an additional 8 years showing their commitment to the location
FOR SALE DETAILS
PRICE
$13,852,000 USD
PRICE/SF
$124 USD /SF
CAP RATE
5.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Home Depot
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
758
LAND DETAILS
LAND ACRES
12.9 AC
LAND SF
561,924 SF
ZONING
BB
APN/PARCEL ID
32-09-123-02-003
ASK ABOUT THIS PROPERTY
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972-533-2144
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972-533-2144
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
