Single-Tenant NNN Retail Property For Sale
$1,565,000
22200 West Grand River Avenue, Detroit, MI 48219
8.27
Cap Rate
9,476 sqft
Building Size
Details:
Description:
Forward Commercial Group (FCG) is pleased to present for sale 22200 W. Grand River Avenue, a 9,476 square-foot single-tenant net-leased (NNN) retail property located in the northwest area of Detroit, near the borders of Southfield and Redford in Wayne County, Michigan.
Constructed in 2012, the property is fully leased to Family Dollar under a triple-net (NNN) lease structure with term remaining through September 2027. This property is part of a receivership sale, presenting a compelling opportunity for investors. The offering provides in-place cash flow with a defined near-term lease maturity in a well-established retail corridor.
Please do not disturb the tenant.
Documents:
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Offering Memorandum
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Location
Gallery