22740 Woodward Ave
Ferndale, MI 48220
Commerce de détail Propriété À vendre

Fortis Net Lease is pleased to present the opportunity to acquire the single-tenant net
leased Barrel House property located at 22740 Woodward Avenue in Ferndale. The
property is positioned along the highly trafficked Woodward Avenue corridor, one of
Metro Detroit’s most recognized commercial thoroughfares, offering excellent visibility
and accessibility. The approximately 3,100-square-foot building is leased on a NNN
basis, minimizing landlord responsibilities while providing investors with a stable retail
asset in one of Southeast Michigan’s most active suburban markets. The offering is
available at an asking price of $1,500,000 and benefits from strong surrounding
demographics and consistent consumer traffic throughout the area.
Strategically located just minutes from downtown Detroit, the property is surrounded
by a dense mix of national retailers, local businesses, restaurants, and residential
neighborhoods that continue to support Ferndale’s strong economic growth. The tenant
benefits from the area’s vibrant dining and entertainment environment, as well as direct
frontage along Woodward Avenue, which serves as a major regional connector
throughout Metro Detroit. Additionally, the lease structure includes two 5-year renewal
options, providing future operational flexibility and long-term stability for both tenant
and ownership.