Family Dollar - Detroit, MI

(Click on Image to Enlarge)

Pricing and Location


Price:   $1,161,100

Address:   8031 West McNichols Road, Detroit, MI 48221

Status:   Available

Property Details


CAP Rate: 9.00% Year Built: 1948
Net Rentable Area: 14,000 Price Per Sqft: $82.94
Lot Size (Acres): 0.51 NOI: $104,500

Marketing Materials


Property Description


(File Photo Above)

This Family Dollar is sitting in the heart of Detroit, MI. It is a brick building that has been home to Family Dollar since 2002. The current lease has five-years left, with seven additional five-year options to extend the lease.

This property is situated at the heart of Detroit, with over 400,000 people living within a five-mile radius. The site is located across the street from Marygrove College, and is less than three miles from University of Detroit Mercy, Eastern Michigan University, and several local high schools and middle schools.

This makes it an extremely attractive site for an investment property. The site is located in a densely populated urban market within Family Dollar's target population & income stream.

Area Map and Street View


What Clients Are Saying                                     
 

"I was very pleased with the results you have achieved. You were a pleasure to work with and I would highly recommend your services to anyone. I found your brokerage skills excellent and your approach with us very straightforward looking forward to working with you again."
Dr. Alexander Basch, 1031 Buyer

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557