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5951 Mercury Dr
Dearborn, MI 48126
The Home Depot · Retail Property For Sale

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Investment Highlights

  • Exceptional Credit Tenant – The Home Depot is the largest home improvement retailer in the world with about 500,000 employees and over 2,300 stores
  • Strong Traffic Counts and Visibility – The site sits within an extremely dense residential corridor on the northwestern side of Dearborn, MI
  • Top Performing Store Per PLACER.AI – This store ranks in the top 6% in the state of Michigan, and top 19% nationwide of all the store metrics
  • Excellent Retail Synergy – Fairlane North shopping center demonstrates excellent retail synergy through the site’s strong shadow anchored tenants
  • Surrounding Demographics – Dearborn, MI is home to the Ford Motor Company’s world headquarters and The University of Michigan-Dearborn
  • Recent Lease Extension – In 2020 the tenant extended their lease an additional 8 years showing their commitment to the location

Executive Summary

Broker of Record
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
111,805 SF
Building Class
B
Year Built
1993
Price
$13,852,000
Price Per SF
$123.89
Cap Rate
5.65%
NOI
$782,635
Tenancy
Single
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.20
Lot Size
12.90 AC
Zoning
BB
Parking
758 Spaces (6.78 Spaces per 1,000 SF Leased)

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
32-09-123-02-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,319,100
  • Listing ID: 37827984

  • Date on Market: 9/25/2025

  • Last Updated:

  • Address: 5951 Mercury Dr, Dearborn, MI 48126

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