For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

20721 Dequindre Rd Hazel Park, MI 48030

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Retail property with long-term lease and income potential.

Lot size:
0.25 Acres

Property Features for 20721 Dequindre Rd

General Information

Lot size
0.25 Acres

Source: Iconic Real Estate 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.
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

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Hazel Park
County
Oakland
State
Michigan
Longitude
-83.0838015
Latitude
42.4477306

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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message