REIT Sale | Former Dollar General | 80K VPD | 2.2 Acres | Detroit MSA

Description:

Ri Marketplace Online Auction August 11-13, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2602/reit-sale-former-dollar-general-80k-vpd-2.2-acres-detroit-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2602

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 14686 Telegraph Road in Taylor, Michigan (the “Property”). Formerly occupied by Dollar General, the Property is being offered significantly below replacement cost—providing an exceptional opportunity for investors to acquire a highly visible and strategically positioned asset with substantial value enhancement potential. FIRST BID MEETS RESERVE!

Built in 1997, the property consists of a one-story, free-standing building with approximately ±11,060 square feet of space, situated on 2.2 acres across four parcels. Formerly a Dollar General, the property offers 75 surface parking spaces and is easily accessible via two points of ingress/egress on Telegraph Road (±52,309 VPD) and Eureka Road (±28,144 VPD). Zoned B-3 (General Business District), the property benefits from flexible zoning, allowing for a wide range of commercial and retail uses through adaptive reuse or repositioning.

Taylor, Michigan is a strategically located suburb of Detroit in Wayne County, offering proximity to major highways like I-94 and Telegraph Road as well as Detroit Metro Airport. The market features a mix of industrial, office, and retail inventory, with ongoing redevelopment potential along key commercial corridors like Eureka and Telegraph Roads. Positioned just off I-75 (±85,905 VPD), the site offers excellent accessibility to major transportation corridors facilitating regional connectivity. Historically a strong commercial district with established residential, the surrounding area features a strong mix of national retailers such as Hobby Lobby, Dick’s, Walgreens, Meijer, Target, Best Buy, Kohl’s, Value City, Dolla Tree, Ace Hardware, Auto Zone, Starbuck’s, Cinemark, Tim Hortons, which cater to both local residents and transient traffic along I-75. The Property is positioned in a dense and established trade area, with ±164,977 residents within a 5-Mi radius, boasting an average household income of $82,516.


Jerry Helmer
c/o Fisher Auction Company Inc.
License: 6504064915

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