16941 9 Mile Rd 593 SF Retail Building Eastpointe, MI 48021 $227,306 CAD ($383.31 CAD/SF)

This single-tenant retail property offers a secure investment opportunity on Eastpointe’s well-traveled 9 Mile Road, nestled between the major thoroughfares of Gratiot and Kelly. The building is fully leased to Total by Verizon, which has occupied the space since 2023, and benefits from a recently executed three-year extension running through April 2029. The tenant provides consistent monthly rental income under a modified gross lease structure, requiring minimal landlord responsibilities beyond real estate taxes, insurance, and major structural repairs over $500.
Occupying a 0.097-acre corner parcel, the property boasts strong visibility, easy ingress/egress, and ample on-site parking. Zoning under MU2 Main Street Mixed Use enhances long-term flexibility for future redevelopment potential. With 9 Mile Road handling traffic volumes exceeding 22,000 vehicles per day and robust surrounding demographics, this asset is positioned for investors seeking a stable tenant and a manageable retail footprint in a growing corridor just minutes from Detroit’s core.