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7-11 3850 Monroe St 2,940 SF Retail Building Dearborn, MI 48124 $1,818,000 ($618.37/SF) 5.50% Cap Rate



Investment Highlights
- Proven Location: 7-Eleven has successfully operated at this location for 25+ years
- Hedge Against Inflation: 10% rental increases every 5 years
- Hard Corner: Positioned at the corner of Monroes St and Dartmouth St. – a primary local arterial with strong vehicle exposure
- Absolute NNN Ground Lease: Offering zero landlord responsibilities
- Recent 10-Years Lease Extension: 7-Eleven just renewed for another 10 years, showing a strong commitment to this location
- Major MSA Market: Detroit-Warren-Dearborn MSA consistently ranks around the 14 th largest MSA in the U.S. by population
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
In 1927, 7-Eleven showed the world just how convenient shopping could be – and they’ve been doing it every day since. Today, 7-Eleven is a global brand with more stores than any other retailer in the world. 7-Eleven, Inc. now operates a robust family of banners and brands, including Speedway®, Stripes®, Laredo Taco Company® and Raise the Roost® Chicken and Biscuits locations throughout the U.S. The brand also has a history of firsts — coffee in to-go cups, 24/7 hours and self-serve soda fountains, to name a few. Not to mention iconic products – like Slurpee® and Big Gulp® drinks – that have become a part of American culture. As the world’s largest convenience retailer, 7-Eleven also helped pioneer the Franchise model and is now consistently ranked as a top-10 Franchisor – a true testament to their entrepreneurial spirit. Although they’ve grown significantly over the years, they remain focused on innovating to meet customers' needs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-09-332-29-016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $325,200 |
Property Taxes
Presented by
7-11 | 3850 Monroe St
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