12730 W 7 Mile Rd
Detroit, MI 48235

Retail Property For Sale

Investment Highlights

  • Fully leased new development for sale
  • Located on 7 Mile & Meyers

Executive Summary

Fully Leased New Development - 12730 West 7 Mile Road, Detroit, MI 48235
Discover the perfect investment opportunity with this fully leased new development located at 12730 West 7 Mile Road in Detroit, MI. Boasting a prime location and impeccable design, this property offers a total of 3,563 square feet of available space. Whether you're an experienced investor or just starting out, this property presents a unique chance to capitalize on Detroit's growing real estate market. With a fully leased tenant roster, you can enjoy steady cash flow from day one. No need to worry about finding tenants or managing vacancies - this property is a turnkey investment.
The modern and stylish design of this new development is sure to attract a wide range of businesses. From retail to office space, the versatile layout can accommodate various industries. Plus, with a convenient location near major highways and popular amenities, this property offers unparalleled accessibility and convenience for both tenants and customers. Don't miss out on this incredible opportunity in the heart of Detroit. Contact us today to learn more about acquiring this fully leased new development at 12730 West 7 Mile Road and start reaping the rewards of a savvy investment.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,563 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2021
Price
£748,551
Price Per SF
£210
Net Initial Yield
8.60%
NOI
£64,375
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Lot Size
0.31 AC
Zoning
PUD - Commercial General Zoning
Parking
9 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
101 ft on West Seven Mile Road

Amenities

  • Signage
  • Listing ID: 30807326

  • Date on Market: 29/01/2024

  • Last Updated:

  • Address: 12730 W 7 Mile Rd, Detroit, MI 48235