18900 Michigan Avenue, Dearborn, MI, 48126 - Available for Sale

Retail For Sale

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Former JC Penney TBA

18900 Michigan Avenue, Dearborn, MI 48126

$625,000

23,103 SF | Retail

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Retail Property For Sale

Price:
$625,000
Building Size:
23,103 SF
Price/SF:
$27.05
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Vacant/Owner-User
Year Built:
1976
Listing ID
17660219
Last Updated
14 days ago

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Highlights

  • One of Michigan's largest shopping centers
  • Located immediately adjacent to Fairlane Town Center
  • Retailers include Macy's, Sears, H&M, Coach, Charlotte Russe, M.A.C., DSW, PF Changs and Bravo Italian Kitchen

Description

Within the Fairlane Town Center, this free standing site offers a rare opportunity to own land and a building located immediately adjacent to the 1,465,000 square foot mall. The JC Penney building has direct access from the mall parking lot. The building is well located between Macy's and AMC Theater with 20 screens.

Fairlane Town Center is the dominant shopping destination in this affluent southern suburban community. Dearborn is home to Ford World Headquarters (located directly across from the Southfield Freeway) as well as great tourist attractions and a dense population.

Map of 18900 Michigan Avenue, Dearborn, MI 48126 (Wayne County)

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Asking Price Index Trends for Dearborn, MI Retail For Sale

  Jul 14 vs. 3 mo.
prior
Y-O-Y
-
State
$76+0.2%+5.7%
-
Metro
$85-0.4%+7.1%
-
County
$77-2.0%+5.2%

View Dearborn Market Trends for other property types for sale or lease. Learn more about the chart info.

Former JC Penney TBA
  • Retail
  • $625,000
  • 23,103 SF