19111-19191 Telegraph Rd
Detroit, MI 48219
Topinka's Plaza | All NNN Leases · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for Topinka’s Plaza, a 34,136-square foot neighborhood shopping center located in Detroit, Michigan. The center is 100% occupied and has seen stable occupancy for over a decade. The center is anchored by Fifth Third Bank (S&P A- Rating) w/ drive thru as well as a mix of national tenants such as Sprint, Subway, Advance America, among other local tenants that are all under triple-net leases. Fifth Third Bank recently renewed a 5-year NNN lease, showing strong conviction for the subject site. Federal Law requires 6 Fifth Third Bank branches within Detroit city limits– this location being 1 of 6. The center is well-positioned on nearly 2 and one half acres in a core retail market with retailers in the immediate vicinity such as Sam’s Club, CVS Pharmacy, ALDI, Family Dollar, Ace Hardware, Taco Bell, Dairy Queen, Checkers, Fed-Ex, U-Haul, as well as minutes from several corporations including Lear Corporation, a Fortune 500 company with over 113,000 employees and sales of $16.2 billion. The subject property is located on W Seven Mile Rd and US Highway 24 aka Telegraph Rd, a major north-south state trunkline highway from the Ohio state line through Metro Detroit. Telegraph Rd connects several suburbs together and passes through the western edge of Detroit. The subject property is located in Detroit, Michigan. The City of Detroit is engaged in one of America’s greatest urban revitalization and renewal efforts and is in the midst of phenomenal residential, commercial, and industrial growth. Over the past decade, more than $15 billion has been invested downtown and surrounding areas, building a brand new professional sports stadium and entertainment district, live theater and opera venues, casinos and hotels, new Class A office space for General Motors and Compuware, as well as residential and retail space, and a plethora of new restaurants and bars.