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20425-20427 Plymouth Rd 48,582 SF 55% Leased Retail Building Detroit, MI 48228 $1,959,020 CAD ($40.32 CAD/SF) 8.50% Cap Rate

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Investment Highlights

Freestanding Class C retail property situated along Plymouth Road with substantial frontage of 589 feet.
High-visibility corridor with strong vehicular traffic and accessibility supported by exceptional drivability.

Spans 48,582 square feet on a 3-acre lot, currently configured for multiple tenants with 55% occupancy.

Executive Summary

This retail investment opportunity at 20425-20427 Plymouth Road in Detroit offers a substantial freestanding property positioned on a 3-acre site along a highly traveled corridor. Built in 1983, the building encompasses 48,582 square feet and features a flexible design suitable for multi-tenant occupancy. With 55% of the space currently leased, the asset generates immediate income with an in-place cap rate of 8.50%, while leaving meaningful upside for additional leasing or redevelopment potential.