17010 Harper Ave
Detroit, MI 48224
Wendy's · Retail Property For Sale

SURROUNDING RETAIL & POINTS OF INTEREST This Wendy’s property is located at 17010 Harper Avenue in Detroit, Michigan. Detroit is the most populous city in Michigan, the fourth-largest city in the Midwest and the largest city on the United States-Canada border. It is the seat of Wayne County, the most populous county in the state. Major national tenants in the surrounding area include: Rite Aid, Walgreens, Family Dollar, Subway, McDonald’s, and Popeyes. This Wendy’s property benefits from its close proximity to Pointe Plaza Shopping Center, which is approximately two miles from the property. Retailers in Pointe Plaza Shopping Center include: LA Fitness, Barnes & Noble, Buddy’s Pizza, and GNC. Eastland Center, an enclosed mall, is located three miles from this Wendy’s property. The mall has 88 stores and is anchored by Target, Shoppers World and Burlington Coat Factory. The mall area also includes a Lowe’s, Family Dollar and The Home Depot. St. John Hospital and Medical Center, a general medical and surgical hospital, is approximately one mile from the subject property. St. John Hospital and Medical Center has 772 beds and more than 50 medical and surgical specialties. TRAFFIC COUNTS & DEMOGRAPHICS The Wendy’s property benefits from strong demographics with 155,101 individuals residing within a three-mile radius and 297,109 individuals residing within a five-mile radius. The property is located on Harper Avenue which has average daily traffic counts of over 167,871 vehicles. This Wendy’s property is also in close proximity to Interstate-94. Interstate-94 experiences exceptional traffic counts of over 159,806 vehicles per day. MARKET OVERVIEW The city is a major port on the Detroit River and the Detroit Metropolitan Airport is among the most important hubs in the United States. The City of Detroit anchors the second-largest economic region in the Midwest, behind Chicago, and the thirteenth-largest in the United States. Several major companies are based in the city including three Fortune 500 companies. The most heavily representative sectors are automotive manufacturing, finance, technology, and health care. Major companies in the city include General Motors, Quicken Loans, Ally Financial and Little Caesars. In the 2010s, several initiatives were taken by Detroit’s citizens and new inhabitants to improve the cityscape by renovating and revitalizing neighborhoods. Downtown Detroit has held an increased role as a cultural destination in the 21st century, with the restoration of several historic theatres and entertainment venues, high-rise renovations, new sports stadiums and a riverfront revitalization project.