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Dollar Tree 18611 Joy Rd 8,085 SF Retail Building Detroit, MI 48228 $1,845,722 CAD ($228.29 CAD/SF) 9% Cap Rate
Investment Highlights
- Premium Prototype - 2018 Build-to-Suit For Dollar Tree
- Double Net Lease w/ Limited Landlord Responsibilities
- Dense Corridor - Well-Located Along Joy Road Visible to 19,875+/- VPD
- Investment Grade Credit Tenant (S&P: "BBB") | Over 9,000 Stores in 48 US States and Canada - NASDAQ: DLTR
- Close Proximity to Southfield Freeway's On/Off Ramps - Traffic Counts Exceed 148,457+/- VPD
- Strong Demographics in 5-Mile Trade Area: More Than 377,364 Residents - Average Household Income: $65,644
Executive Summary
Premium Prototype - 2018 Build-to-Suit For Dollar Tree
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,085 SF
Building Class
B
Year Built/Renovated
1956/2018
Price
$1,845,722 CAD
Price Per SF
$228.29 CAD
Cap Rate
9%
NOI
$166,057 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.57 AC
Zoning
C
Parking
30 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-00237-283 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $268,872 CAD |
Property Taxes
Parcel Number
22-00237-283
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$268,872 CAD
Contacts
-
Deno Bistolarides -
Brent Hanna -
Brandon Hanna -
Encore Real Estate Investment Services
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Videos
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Photos
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Street
Map
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Dollar Tree | 18611 Joy Rd
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