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1040 W 9 Mile Rd
Ferndale, MI 48220
7 - Eleven · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Huge Increase Rent Potential at Renewal Options with no cap on CPI
  • Investment Credit Corporate Guarantee by 7-Eleven holding an “A” Credit Rating with a $29 Billion Market Cap
  • Traffic Counts Exceed 36,000+ Cars Per Day & Located at Signalized Intersection of W 9 Mile Road & Pinecrest Road
  • Absolute NNN Lease w/ no Landlord Obligations
  • Low occupancy Cost & Low Rent to Sales Ratio
  • Downtown Ferndale Street Neighborhood Retail Location w/ Over 360,000+ Population in a 5 Mile Radius

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,580 SF
Building Class
B
Year Built
1978
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.37 AC
Zoning
BI
Parking
17 Spaces (6.58 Spaces per 1,000 SF Leased)
Frontage
110’ on W 9 Mile Rd

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
25-28-479-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$298,720
  • Listing ID: 32557024

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 1040 W 9 Mile Rd, Ferndale, MI 48220

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