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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
6.79%
NOI
$219,000
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 traces its origins to Babbage's, a Dallas-based software retailer founded in 1984, and the business later adopted the GameStop name in 1999. The company now operates as a retail gaming and trade-in destination, with offerings that include video games, gaming systems, consoles, accessories, trading cards, gamer apparel, and collectibles. GameStop also supports used-product trade-ins and refurbished merchandise, which remain part of its broader mix of gaming and consumer electronics services.

  • Retailer
  • -
  • -
  • -

Men's Wearhouse began in 1973 as a men's clothing retailer and later became part of Tailored Brands, an omnichannel specialty retailer with suits, formalwear, sportswear, and business casual offerings. Men's Wearhouse serves customers through physical stores and digital channels with merchandise that includes suits, tuxedos, dress shirts, pants, shoes, accessories, and rental options for weddings, proms, and other formal events. The company's business centers on tailored clothing, occasion wear, and everyday menswear, combining retail sales with rental services and a broad assortment built around fit, styling, and complete outfit solutions.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Retailer - - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

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

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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