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    13433 W 8 Mile Rd, Detroit, MI

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    Freestanding retail property with strong demographics and high traffic counts.

    Type:RETAIL
    Property size:
    15,600 SF
    Lot size:
    0.77 Acres
    Price / SF:
    $96/SF
    Added:
    Jul 13, 2023
    Days on Market:
    1065
    Last Refresh:
    May 20 at 8:43 pm

    Property Features for 13433 W 8 Mile Rd

    General Information

    Standard status
    Active
    Size
    15,600 SF
    Lot size
    0.77 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Dominic Shamany
    Dominic Shamany

    Listing agent Dominic Shamany License ##6506047766

    Listing office Legacy Real Estate Advisors

    Listing date Jul 13, 2023

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate Advisors

    HighLights

    • Essential retailer tenancy is internet, pandemic, and recession resistant
    • Family Dollar acquired by Dollar Tree (NASDAQ: DLTR) with investment grade credit rating (S&P: BBB-)
    • High traffic counts: Over 58,800 vehicles pass site daily
    • Strong demographics: Over 15,000 people within 1 mile radius; over 155,000 within 3 mile radius
    • Free‑standing Family Dollar & quick serve pharmacy
    • Located in Detroit, MI

    Overview

    This freestanding retail property in Detroit, Michigan, is occupied by Family Dollar and a quick-serve pharmacy. The location benefits from strong demographics, with over 15,000 residents within a 1-mile radius and over 155,000 residents within a 3-mile radius. High traffic counts of over 58,800 vehicles per day on W 8 Mile Rd contribute to the property's visibility. The site is a 26-minute drive to Detroit Metropolitan Airport (DTW). Family Dollar, acquired by Dollar Tree (NASDAQ: DLTR), operates over 15,500 locations and holds an investment-grade credit rating (S&P: BBB-). The property is suitable for an essential retailer and is considered internet, pandemic, and recession-resistant.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Oak Park Pharmacy — 21675 Coolidge Hwy #2, Oak Park, MI 48237
    • Quick-Serve Pharmacy — 13433 W M-102, Detroit, MI 48235
    • Dispo — 14501 M-102, Detroit, MI 48235
    • S and B Holistic Center — 20477 Schaefer Hwy, Detroit, MI 48235
    • The Clinic Cannabis Center — 13815 M-102, Detroit, MI 48235

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0603
    Latitude
    42.3485

    FAQs

    What type of property is this?
    Drug store - Freestanding retail property with strong demographics and high traffic counts.
    Where is this drug store located?
    The property is located at 13433 W 8 Mile Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Essential retailer tenancy is internet, pandemic, and recession resistant; Family Dollar acquired by Dollar Tree (NASDAQ: DLTR) with investment grade credit rating (S&P: BBB-); High traffic counts: Over 58,800 vehicles pass site daily
    (248) 450-3259 Call to check price and availability
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