This Retail Property is no longer advertised on LoopNet.com.

23100 Michigan Ave
Dearborn, MI 48124
Retail Property For Sale

Investment Highlights

  • 100% occupied by national brands FedEx Office and Great Clips as well as Beaumont Urgent Care Center, Michigan's largest health care system.
  • FedEx and Great Clips are both relocation stores from adjacent shopping centers, showing the property's ability to attract the area's best retailers.
  • The property benefits from excellent exposure being located along Michigan Avenue, which sees over 41,000 vehicles pass along it each day.
  • All tenants are currently operating on 10-year NNN leases, which allows buyers to have minimal landlord responsibilities.
  • FedEx and Beaumont Urgent Care are both corporate backed leases, providing a high level of security and stability for the buyers.
  • The trade area is densely populated and is home to over 323,00 residents within the surrounding five miles.

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,284 SF
Building Class
B
Year Built
2020
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.09 AC
Zoning
BC
Parking
62 Spaces (7.48 Spaces per 1,000 SF Leased)
Frontage
159’ on Michigan Ave

Amenities

  • Bus Line
  • Signage

Property Taxes

Property Taxes

Parcel Number
32-09-214-01-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$963,500
  • Listing ID: 19693583

  • Date on Market: 5/27/2020

  • Last Updated:

  • Address: 23100 Michigan Ave, Dearborn, MI 48124

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