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Family Dollar 12207 Grand River Ave 9,180 SF 100% Leased Retail Building Detroit, MI 48204 $1,220,000 ($132.90/SF) 9% Cap Rate

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Executive Summary

Single-tenant net lease Family Dollar property located in Detroit, MI,NN+ lease with ±2.2 years remaining and (5) 5-year renewal, options
Located at the hard corner of Grand River Avenue & Birwood Avenue with multiple points of entry/access Offered at low rent/SF – strong credit asset at well below replacement cost±9,180 SF building situated on ±0.75 acresStrong dollar store demographics in a densely populated market, just 15 minutes from downtown Detroit, MI,Family Dollar on Grand River Detroit .75 acre with 307' frontage, this property can be a part of portfolio for investors .Please don't call the store or speak to staff about the sale or any details.
This is an active Family Dollar Store, Great location high profile store and does high volume business Can be purchased with another Dollar General portfolio.
13018 Fenkell Detroit former Dollar Tree and 14305 Harper Ave Detroit MI total price 3.5 Millions

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2005
Price
$1,220,000
Price Per SF
$132.90
Cap Rate
9%
NOI
$109,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.60 AC
Zoning
C
Parking
34 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
133’ on Birwood St

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000

Nearby Major Retailers

Comerica
U.s. Bank Branch

Property Taxes

Property Taxes

Parcel Number
18-00682-835
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$191,400
  • Listing ID: 38167439

  • Date on Market: 10/22/2025

  • Last Updated:

  • Address: 12207 Grand River Ave, Detroit, MI 48204

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