Freestanding Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30094432
Property Subtypes: Car Wash, Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Parking Facility, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 17,200 SF
Gross Building Area: See Agent
Sale Price: $240,000
Unit Price: $13.95 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2018

Overview / Comments

This 17,200 SF former Rite Aid in Detroit is available for sale. The building has ample parking and a large pylon sign. Situated at the southeast corner of the lighted intersection of Whittier Avenue and Kelly Road, the property boasts great visibility. Access to I-94 is just a mile east. Other area retailers include Save-A-Lot, Dollar General, True Value Hardware, and others.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Tax ID/APN: 2107243243
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Visibility: Excellent
Year Built: 1954
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,116 206,490 417,864
Median Age: 29.47 33.77 36.35
Households: 10,522 74,139 157,650
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