Walgreens Anchored Shopping Center 3 Retail Properties Offered at $3,187,552 in Detroit, MI
INVESTMENT HIGHLIGHTS
- Shopping Center Tenants Includes: Walgreens, Little Caesars, Dollar Daze Plus, Harbortown Laundromat, & She's Happy Hair.
- High Traffic Location | 39,000+ Vehicles Per Day.
- Placer.ai Data Ranks This Walgreens Store Location Top 30% in U.S For Most Visits.
- 10 Mile Population Exceeds 780,000.
EXECUTIVE SUMMARY
Fortis Net Lease is pleased to present this Walgreens Anchored Shopping Center located at 6331 E Jefferson Ave & 500 Mt Elliott St, Detroit, MI. This 28,054 SF property offers the ideal prospect for a Retail/Strip Center investor.
This shopping center is located in a high traffic area that see over 39,000 vehicles per day. 10 Mile population for this location is 782,740. Shopping Center Tenants includes: Walgreens, Little Caesars, Dollar Daze Plus, Harbortown Laundromat, & She's Happy Hair. This shopping center also includes a vacant suite that is ready for a new tenant.
This building presents a lucrative venture in the heart of the Detroit area. With a proven track record and a spacious layout, this property offers an exceptional potential for long-term growth and profitability. Don't miss out on this rare chance to secure a solid investment in a thriving market.
This shopping center is located in a high traffic area that see over 39,000 vehicles per day. 10 Mile population for this location is 782,740. Shopping Center Tenants includes: Walgreens, Little Caesars, Dollar Daze Plus, Harbortown Laundromat, & She's Happy Hair. This shopping center also includes a vacant suite that is ready for a new tenant.
This building presents a lucrative venture in the heart of the Detroit area. With a proven track record and a spacious layout, this property offers an exceptional potential for long-term growth and profitability. Don't miss out on this rare chance to secure a solid investment in a thriving market.
PROPERTY FACTS
| Price | $3,187,552 |
| Price / SF | $113.62 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 28,054 SF |
| Total Land Area | 5.00 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Building A
500 Mount Elliott St, Detroit, MI 48207 |
Retail | 9,637 SF | 2004 | - |
| 6331 E Jefferson Ave, Detroit, MI 48207 | Retail | 13,741 SF | 2002 | - |
|
Building B
500 Mount Elliott St, Detroit, MI 48207 |
Retail | 4,676 SF | 2004 | - |
1 of 1
