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18611 Joy Rd
Detroit, MI 48228
Dollar Tree · Retail Property For Sale
Investment Highlights
- Premium Prototype - 2018 Build-to-Suit For Dollar Tree
- Double Net Lease w/ Limited Landlord Responsibilities
- Dense Corridor - Well-Located Along Joy Road Visible to 19,875+/- VPD
- Investment Grade Credit Tenant (S&P: "BBB") | Over 9,000 Stores in 48 US States and Canada - NASDAQ: DLTR
- Close Proximity to Southfield Freeway's On/Off Ramps - Traffic Counts Exceed 148,457+/- VPD
- Strong Demographics in 5-Mile Trade Area: More Than 377,364 Residents - Average Household Income: $65,644
Executive Summary
Premium Prototype - 2018 Build-to-Suit For Dollar Tree
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,085 SF
Building Class
B
Year Built/Renovated
1956/2018
Price
$1,334,000
Price Per SF
$165.00
Cap Rate
9%
NOI
$120,018
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.57 AC
Zoning
C
Parking
30 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
Property Taxes
| Parcel Number | 22-00237-283 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $193,500 |
Property Taxes
Parcel Number
22-00237-283
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$193,500
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