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26058 W 6 Mile Rd
Redford, MI 48240
Dollar Tree · Retail Property For Sale

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Investment Highlights

  • 2016 retrofit for Dollar Tree
  • Brand new roof in 2023 which is accompanied by a 15-year roof warranty
  • Three, 5-Year renewal options all of which include a $.50/SF rent increase
  • Premium all-brick construction building with no metal sides
  • Corporately guaranteed lease
  • 5-Mile population of ±275,746 residents

Executive Summary

Broker of Record
Kyle Matthews
License No. 6505432273 (MI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc.
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,242 SF
Building Class
B
Year Built/Renovated
1950/2016
Price
$1,435,117
Price Per SF
$100.77
Cap Rate
8%
NOI
$114,809
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
0.53 AC
Zoning
C - Commercial
Parking
30 Spaces (2.11 Spaces per 1,000 SF Leased)
Frontage
224’ on 6 Mile Rd

Amenities

  • Pylon Sign

Property Taxes

Property Taxes

Parcel Number
79-010-01-1875-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,700
  • Listing ID: 31027942

  • Date on Market: 2/23/2024

  • Last Updated:

  • Address: 26058 W 6 Mile Rd, Redford, MI 48240

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