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12207 Grand River Ave
Detroit, MI 48204
Family Dollar · Retail Property For Sale
Executive Summary
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
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
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2005
Price
$1,669,851 CAD
Price Per SF
$181.90 CAD
Cap Rate
9%
NOI
$150,287 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.60 AC
Zoning
C
Parking
34 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 18-00682-835 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $261,653 CAD |
Property Taxes
Parcel Number
18-00682-835
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$261,653 CAD
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