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23804 Van Born Rd Dearborn Heights, MI

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For Sale
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NNN leased retail property with expansion and high visibility.

Type:RETAIL
Lot size:
0.20 Acres
Added:
Oct 23, 2023
Days on Market:
915
Last Refresh:
Apr 5 at 11:23 pm

Property Features for 23804 Van Born Rd

General Information

Standard status
Active
Lot size
0.20 Acres
Property subtype
RETAIL

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Listing Contact
Yousef Beydoun
Yousef Beydoun

Listing agent Yousef Beydoun License #6501354088

Listing office Re/Max Commercial

Listing date Oct 23, 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 Re/Max Commercial


Overview

Retail Property with Expansion Potential

This retail property, offered for sale, features a NNN lease currently in place with long-term tenants. The location benefits from high traffic at the intersection of Telegraph Road and Van Born Road. The surrounding area includes national retailers such as Walgreens, Wendy's, Aldi, Subway, and Burger King. The property offers significant exposure and includes four additional lots, providing room for building expansion. Ample on-site parking is available. The property is being offered at a 7.2% cap rate.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Metro by T-Mobile Mobile Phone Store L.A. Insurance Insurance Agency

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Dearborn Heights
County
Wayne
State
Michigan
Longitude
-83.2685
Latitude
42.2694

FAQs

What type of property is this?
Retail space - NNN leased retail property with expansion and high visibility.
Where is this retail space located?
The property is located at 23804 Van Born Rd Dearborn Heights, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 7.2% Cap Rate; NNN Lease in place with long term tenants; Room to expand building with 4 additional lots included
(313) 525-1101 Call to check price and availability
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