Your email has been sent.
Seven Mile Place 2401-2435 E 7 Mile Rd 962 - 4,323 SF of Retail Space Available in Detroit, MI 48234
HIGHLIGHTS
- Heavy daytime traffic
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2401 | 1,375 SF | Negotiable | $12.22 /SF/YR $1.02 /SF/MO $16,803 /YR $1,400 /MO | Modified Gross | ||
| 1st Floor, Ste 2407 | 966 SF | Negotiable | $16.15 /SF/YR $1.35 /SF/MO $15,601 /YR $1,300 /MO | Modified Gross | ||
| 1st Floor, Ste 2429 | 962 SF | Negotiable | $16.22 /SF/YR $1.35 /SF/MO $15,604 /YR $1,300 /MO | Modified Gross | ||
| 1st Floor, Ste 2435 | 1,020 SF | Negotiable | $15.29 /SF/YR $1.27 /SF/MO $15,596 /YR $1,300 /MO | Modified Gross |
2401-2435 E 7 Mile Rd - 1st Floor - Ste 2401
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- Professional Lease
2401-2435 E 7 Mile Rd - 1st Floor - Ste 2407
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
2401-2435 E 7 Mile Rd - 1st Floor - Ste 2429
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
2401-2435 E 7 Mile Rd - 1st Floor - Ste 2435
SEPTEMBER RENT REDUCTION SPECIAL
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT SEVEN MILE PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Cookies and Coffee
- Retailer
- -
- -
- Lady's African Hair Braiding
- Salon/Barber/Spa
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Cookies and Coffee | Retailer | - | - |
| Lady's African Hair Braiding | Salon/Barber/Spa | 1 | Local |
PROPERTY FACTS
| Total Space Available | 4,323 SF | Frontage | 188’ on E 7 Mile Rd |
| Center Type | Strip Center | Gross Leasable Area | 11,508 SF |
| Parking | 25 Spaces | Total Land Area | 0.52 AC |
| Stores | 11 | Year Built | 1956 |
| Center Properties | 1 |
| Total Space Available | 4,323 SF |
| Center Type | Strip Center |
| Parking | 25 Spaces |
| Stores | 11 |
| Center Properties | 1 |
| Frontage | 188’ on E 7 Mile Rd |
| Gross Leasable Area | 11,508 SF |
| Total Land Area | 0.52 AC |
| Year Built | 1956 |
ABOUT THE PROPERTY
Seven Mile Place is a prime commercial retail destination nestled near Seven Mile Rd and I-75 in Detroit. Boasting versatile spaces ranging from 957 to 1385 square feet, this property offers ideal opportunities for businesses seeking convenient access and visibility. With its strategic location in a bustling area, Seven Mile Place presents a promising hub for retail ventures to thrive and cater to the diverse needs of the local community.
- Signage
- Air Conditioning
Presented by
Seven Mile Place | 2401-2435 E 7 Mile Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.