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7-11 3850 Monroe St 2,940 SF Retail Building Dearborn, MI 48124 $2,452,355 CAD ($834.13 CAD/SF) 5.50% Cap Rate

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Investment Highlights

  • Proven Location: 7-Eleven has successfully operated at this location for 25+ years
  • Hedge Against Inflation: 10% rental increases every 5 years
  • Hard Corner: Positioned at the corner of Monroes St and Dartmouth St. – a primary local arterial with strong vehicle exposure
  • Absolute NNN Ground Lease: Offering zero landlord responsibilities
  • Recent 10-Years Lease Extension: 7-Eleven just renewed for another 10 years, showing a strong commitment to this location
  • Major MSA Market: Detroit-Warren-Dearborn MSA consistently ranks around the 14 th largest MSA in the U.S. by population

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,940 SF
Building Class
C
Year Built
2000
Price
$2,452,355 CAD
Price Per SF
$834.13 CAD
Cap Rate
5.50%
NOI
$134,880 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.48 AC
Zoning
C1, Dearborn - Neighborhood Commercial District
Parking
15 Spaces (5.1 Spaces per 1,000 SF Leased)
Frontage
137’ on Dartmouth St

Amenities

  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -

Nearby Major Retailers

Tim Hortons
Comerica
Chase Bank

Property Taxes

Property Taxes

Parcel Number
32-09-332-29-016
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$451,540 CAD
  • Listing ID: 39251006

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 3850 Monroe St, Dearborn, MI 48124

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