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7040-7060 N Wayne Rd 12,100 SF 100% Leased Retail Building Westland, MI 48185 $3,225,000 ($266.53/SF) 8.81% Cap Rate

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Investment Highlights

  • 12,100 ?F multi-tenant retail property with NNN leases.
  • Men's Wearhouse,a national chain, occupying for 30+ years
  • SELLER FINANCING AVAILABLE
  • Anchored by long-term tenants.
  • Exciting new tenants including Gyro Gods, including a drive-thru window.

Executive Summary

12,100 SF multi-tenant retail property with NNN leases. Excellent accessibility near the corner of N Wayne Rd & Warren Rd.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,100 SF
Building Class
C
Year Built/Renovated
1977/2015
Price
$3,225,000
Price Per SF
$266.53
Cap Rate
8.81%
NOI
$284,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.78 AC
Zoning
CB-3
Parking
50 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
163’ on Wayne Rd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

GameStop is a specialty retailer of video games, consumer electronics, and pop culture merchandise. The company traces its origins to 1984 when it was founded as Babbage’s in Dallas, later adopting the GameStop name in 1999. It operates through physical stores and e-commerce platforms under brands such as GameStop, EB Games, and Micromania-Zing. GameStop sells new and pre-owned gaming hardware, software, accessories, and collectibles, along with digital downloads and in-game currency. GameStop maintains thousands of locations globally and has undergone significant restructuring to adapt to digital trends.

  • Services
  • -
  • -
  • -

Massage Green SPA is a national sales organization of corporate and independently owned and operated franchise locations. See your local Massage Green SPA location for specific details on services and pricing. Prices subject to change. Rates and services may vary by location, state or region. Additional local taxes and fees may apply. Massage Green, Massage Green SPA and the Massage Green SPA logo are ®Registered Trademarks of Massage Green International Franchise Corporation.

  • Retailer
  • -
  • -
  • -

Men’s Wearhouse has always been dedicated to helping people love the way they look. With an unwavering commitment to its customers, the team delivers world-class service every day, ensuring that each individual's style always hits the mark. At Men’s Wearhouse, customer satisfaction isn’t just a goal, it’s an obsession. If a customer isn’t satisfied with the fit, quality, or fabric of their purchase, Men’s Wearhouse offers a hassle-free return policy within 90 days—only asking a couple of questions for their records. The tailors at Men’s Wearhouse are renowned for their expertise—they're practically magicians with a measuring tape. And here’s the best part: there’s no exorbitant charge for their skills. Once Men’s Wearhouse works its magic on a seam, customers are entitled to free re-alterations for life (within the garment's limits).

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Services - - -
Retailer - - -
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
Comerica
Buffalo Wild Wings
Starbucks
Planet Fitness
Chicken Shack
The Coffee Bean & Tea Leaf
Citizens Bank
Crunch Fitness
LongHorn Steakhouse

Property Taxes

Property Taxes

Parcel Number
56-034-99-0010-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$556,200
  • Listing ID: 35451770

  • Date on Market: 4/11/2025

  • Last Updated:

  • Address: 7040-7060 N Wayne Rd, Westland, MI 48185

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