3850 Monroe St - Convenience Store FOR SALE


Dearborn, MI 48124
$1,200,000 USD
248-702-0288
3850 Monroe St, Dearborn, MI for Sale
$1,200,000 USD
Convenience Store - FOR SALE
1/3
null | 5.5% Cap Rate

3850 Monroe St
Dearborn, MI 48124


HIGHLIGHTS

  • 2,940 SF Single Tenant 7-Eleven Convenience Store Situated on .48 Acres
  • Absolute "NNN" Net Lease - Zero Landlord Responsibilities
  • 7-Eleven Has Operated At Location For Over 25 Years
  • Corner of Dartmouth & Monroe w/ Multiple Points of Ingress and Egress & Ample Parking
  • Strong Demographics | 3-MIle Population Exceeds 107,600 & Avg Household Income $85,687
  • Dense Residential Surrounding Property w/ Multiple Schools & Recreation Centers

OVERVIEW

2,940 SF Single Tenant 7-Eleven Convenience Store Situated on .48 Acres Absolute "NNN" Net Lease - Zero Landlord Responsibilities 7-Eleven Has Operated At Location For Over 25 Years Corner of Dartmouth & Monroe w/ Multiple Points of Ingress and Egress & Ample Parking Strong Demographics | 3-MIle Population Exceeds 107,600 & Avg Household Income $85,687 Dense Residential Surrounding Property w/ Multiple Schools & Recreation Centers Corporate Lease Guaranty | 7-Eleven Inc - S&P "A" Rated & Moody's Baa2 (Investment Grade

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

C1, Dearborn

APN/PARCEL ID

32-09-332-29-016

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.