Fairlane North
$16,280,000
5801 Mercury Drive, Dearborn, MI 48126
For Sale
Retail
Neighborhood Center
Pending
Last Updated: 03/18/2025
7.5
Cap Rate
1,220,776
NOI
Details:
Cap Rate: 7.5%
NOI: $1,220,776
Occupancy: 68.8%
Tenancy: Multiple
Gross Leaseable Area: 278,999
Highlights:
- DYNAMIC TENANT LINE-UP
- DOMINANT SHADOW ANCHORS
- HIGH TRAFFIC COUNTS & EXCELLENT ACCESSIBILITY
- SURROUNDING DEMOGRAPHICS AND ATTRACTIVE DETROIT SUBURB
- STRONG RETAIL LOCATION
- UPSIDE POTENTIAL
Description:
Mid-America Real Estate Corporation, in cooperation with Mid- America Real Estate – Michigan Inc., has been retained on behalf of the owner to sell the 100% fee simple interest in Fairlane North in Dearborn, Michigan.
Documents:
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Fairlane_North_Flyer.pdf | ||
Fairlane_North_OM.pdf
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Location
