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Investment Highlights

  • Available for Sale or Lease
  • Freestanding Prototype with Drive-Thru
  • Value-Add & Upside Opportunity
  • 10,024 Sqft. on a Busy Signalized Corner
  • High Visibility: Pylon Signage Available
  • Lease Rate: $18.64 PSF/YR

Executive Summary

Introducing a prime investment opportunity in the heart of Detroit! This 10,024 square foot freestanding building, built in 1999, is strategically positioned on a bustling signalized corner. Its standout features include a drive-thru, high visibility with available pylon signage, and a wealth of potential for added value and growth.

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Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,024 SF
Building Class
B
Year Built
1999
Price
$2,200,000
Price Per SF
$219.47
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.18 AC
Opportunity Zone
Yes
Zoning
R1 - Residential zoning district
Parking
30 Spaces (2.99 Spaces per 1,000 SF Leased)
Frontage
451’ on Dale St

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru
Fairly walkable
40/100
Moderately drivable
70/100
Some public transit
50/100
Somewhat bikeable
30/100

Nearby Major Retailers

Fifth Third Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
22-12228-692
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$517,100
  • Listing ID: 36211077

  • Date on Market: 6/11/2025

  • Last Updated:

  • Address: 18585 Dale St, Detroit, MI 48219

Contact the Sale Advisor

Former CVS (Sale or Lease) | 18585 Dale St

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