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Investment Highlights

  • Fully leased new development for sale
  • Located on 7 Mile & Meyers

Executive Summary

Fully Leased New Development - 12730 West 7 Mile Road, Detroit, MI 48235
Discover the perfect investment opportunity with this fully leased new development located at 12730 West 7 Mile Road in Detroit, MI. Boasting a prime location and impeccable design, this property offers a total of 3,563 square feet of available space. Whether you're an experienced investor or just starting out, this property presents a unique chance to capitalize on Detroit's growing real estate market. With a fully leased tenant roster, you can enjoy steady cash flow from day one. No need to worry about finding tenants or managing vacancies - this property is a turnkey investment.
The modern and stylish design of this new development is sure to attract a wide range of businesses. From retail to office space, the versatile layout can accommodate various industries. Plus, with a convenient location near major highways and popular amenities, this property offers unparalleled accessibility and convenience for both tenants and customers. Don't miss out on this incredible opportunity in the heart of Detroit. Contact us today to learn more about acquiring this fully leased new development at 12730 West 7 Mile Road and start reaping the rewards of a savvy investment.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,563 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
$930,000
Price Per SF
$261.02
Cap Rate
8.60%
NOI
$79,980
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.31 AC
Zoning
PUD - Commercial General Zoning
Parking
9 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
101’ on West Seven Mile Road

Amenities

  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Smoke Shop
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Smoke Shop Retailer - $9.99 Lorem Ipsum Jan 0000
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Checkers
Fifth Third Bank
  • Listing ID: 30807326

  • Date on Market: 1/29/2024

  • Last Updated:

  • Address: 12730 W 7 Mile Rd, Detroit, MI 48235

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