2322 W Grand Blvd - Freestanding FOR SALE


Detroit, MI 48208
$1,062,600 USD
248-702-0288
2322 W Grand Blvd, Detroit, MI for Sale
$1,062,600 USD
Freestanding - FOR SALE
1/5
null | 8% Cap Rate

2322 W Grand Blvd
Detroit, MI 48208


HIGHLIGHTS

  • Long-Term Commitment to the Site | Family Dollar Has Operated at This Location Since 2004 and Has Executed Three Extensions at This Location
  • Over 5 Years Remaining in the Term with (6) Five-Year Options Available
  • Located Within 1 Mile of 2+ Million SF Henry Ford Hospital & Brand New Henry Ford Cancer Institute
  • Located Within 1.5 Miles of the Multibillion Dollar Development Including the Henry Ford Health Detroit's $2 Billion Campus Expansion
  • New Center is Host to Shinola Headquarters, College for Creative Studies, Fisher Theater, and over 2 Million SF of Office, Residential, and Retail
  • Located Within 1 Mile of Interstate-94 & Interstate-96; Within 1.5 Miles of M-10 Lodge Freeway 19 Major Developments Planned Along W Grand Blvd

OVERVIEW

Long-Term Commitment to the Site | Family Dollar Has Operated at This Location Since 2004 and Has Executed Three Extensions at This Location Over 5 Years Remaining in the Term with (6) Five-Year Options Available Located Within 1 Mile of 2+ Million SF Henry Ford Hospital & Brand New Henry Ford Cancer Institute Located Within 1.5 Miles of the Multibillion Dollar Development Including the Henry Ford Health Detroit's $2 Billion Campus Expansion, Henry Ford Health + Michigan State University Health Sciences Medical Facility, Pistons Apartments, and New Central Utility Plant New Center is Host to Shinola Headquarters, College for Creative Studies, Fisher Theater, and over 2 Million SF of Office, Residential, and Retail Located Within 1 Mile of Interstate-94 & Interstate-96; Within 1.5 Miles of M-10 Lodge Freeway 19 Major Developments Planned Along W Grand Blvd

FOR SALE DETAILS

PRICE

$1,062,600 USD

PRICE/SF

$97 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

B4

APN/PARCEL ID

10-0010246

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.