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10501-10545 Joy Rd
Detroit, MI 48204

Value Add Retail - Joy Village Plaza · Retail Property For Sale

Investment Highlights

  • 10501-10545 Joy Road presents the market with an excellent opportunity to acquire a 8,965-square-foot retail building in Detroit, Michigan.
  • Value-add opportunity to acquire a 56% leased retail asset with strong leasing momentum.
  • Rare signage opportunity in suburban Detroit with visibility to over 7,000 vehicles per day.
  • Within a highly connected location just 15 minutes from the heart of Downtown Detroit and five minutes from the heavily utilized Interstate 96.
  • Access to robust demographics with a population of over 165,000 people within 3 miles who spent over $1.1 billion in 2023 alone.

PROPERTY FACTS

Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
8,965 SF
Building Class
B
Year Built/Renovated
2005/2022
Tenancy
Multiple
Number of Floors
1
Building FAR
0.37
Lot Size
0.55 AC
Zoning
Commercial - Commercial
Parking
33 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
240 ft on Joy Rd

Amenities

  • Bus Route
  • Corner Lot
  • Restaurant
  • Signage
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

  • Listing ID: 32442247

  • Date on Market: 12/07/2024

  • Last Updated:

  • Address: 10501-10545 Joy Rd, Detroit, MI 48204