20721 Dequindre Rd Hazel Park, MI 48030
Property Features for 20721 Dequindre Rd
General Information
- Lot size
- 0.25 Acres
Source:
Moodyscre
Listing Agent: Kees Janeway
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Dequindre Rd Retail Investment Opportunity
This retail property, located on Dequindre Rd approximately 1 mile east of I-75, offers a high-visibility location. The property features built-out dispensary infrastructure suitable for both pickup and in-store operations, functioning as a full retail facility. It benefits from a strong brand presence within the JARS network. The property has 8.5 years remaining on the lease with 3% annual rent escalations. The current net operating income (NOI) is $247,200, with a projected increase to $254,616 upon the next escalation. Situated in one of Michigan’s capped-license markets, limited to 6 licenses, this property presents an opportunity for stable, long-term cash flow.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Wrigley's Pharmacy
Pharmacy
Citizen Tax Service ...
Consultant
Liberty Tax Service
Tax Preparation Service
Toro Tax Services
Tax Preparation
Location Insight
- Map
- Local Demand
- City
- Hazel Park
- County
- Oakland
- State
- Michigan
- Longitude
- -83.0838015
- Latitude
- 42.4477306
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail property with long-term lease and income potential.
Where is this retail space located?
The property is located at 20721 Dequindre Rd Hazel Park, MI.
What are key features of this property?
This property features: - Opportunity for stable, long-term cash flow.; - Current NOI: $247,200 → projected $254,616 upon escalation.; - 8.5 years remaining on lease.