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17755 E 8 Mile Rd
Eastpointe, MI 48021
Foot Locker Power Store · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
13,855 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.43 AC
Zoning
B-3 - Commercial/Business
Parking
63 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
371’ on 8 Mile Rd

AMENITIES

  • Signage
  • Drive Thru

ABOUT 17755 E 8 MILE RD , EASTPOINTE, MI 48021

Friedman and Ten-X Commercial present the sale of a ±13,855 SF, single tenant retail building located at 17755 East 8 Mile Road in the southeastern Michigan community of Eastpointe. The building is 100% leased to Foot Locker, currently in its first 10 years of firm lease term with two additional renewal options of five years each. The building was recently updated as a new prototype Foot Locker “Power Store”, which is the first of its kind in the United States. The only other global locations include London, Liverpool, and Hong Kong. The Foot Locker Power store is set in a well-established, working-class neighborhood with high barriers to entry. The location has easy access to Interstate 94 and M-102 (Eight Mile Road), a major east-west thoroughfare. The resident population within a one-mile radius tallies close to 18,000 people. Average household incomes within the 5-mile trade area of nearly 356,000 residents is over $62,000 annually. The location sees daily traffic counts at the hard corner of East 8 Mile Road and Kelly Road of 40,400 and 22,415 vehicles per day, respectively.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-14-32-379-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$687,500
  • Listing ID: 18772744

  • Date on Market: 3/6/2020

  • Last Updated:

  • Address: 17755 E 8 Mile Rd, Eastpointe, MI 48021

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