Retail Property with 12-Year
For Sale
Contact for pricing
18165 Mack Ave, Detroit, MI 48224
Newly signed 12-year lease includes periodic escalations and two options for this Detroit-area retail asset.
Property SizeContact for details
Days on Market121
Property Features for 18165 Mack Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
JLL - Detroit/Royal Oak, Michigan
(248) 581-3318
Listed By:
Jordan Gasper · License #MI6501413714
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 1:56PM
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 JLL - Detroit/Royal Oak, Michigan
Investment Insights
Based on property information with market context.
This for-sale retail property is occupied under a newly signed 12-year lease that includes two options and periodic escalations throughout the lease term. The tenant is one of Ace Corporation’s largest franchisees, operating more than 50 stores nationwide.
Additional land parcels are included with the offering. The property also features significant tenant improvements and recent capital expenditures, supporting the current retail operation.
Located at 18165 Mack Ave in Detroit, MI 48224, the asset is positioned for buyers seeking a stabilized leased retail investment with a long lease term and built-in rent adjustments.
Additional land parcels are included with the offering. The property also features significant tenant improvements and recent capital expenditures, supporting the current retail operation.
Located at 18165 Mack Ave in Detroit, MI 48224, the asset is positioned for buyers seeking a stabilized leased retail investment with a long lease term and built-in rent adjustments.
Key Highlights
- Newly signed 12‑year lease with periodic escalations
- Lease includes two options
- Tenant is Ace Corporation’s large franchisee with more than 50 stores nationwide
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
298
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
11,725 visits/mo
0.4 miles
Marathon
Shops & Services
4,989 visits/mo
0.4 miles
Sunoco
Shops & Services
4,701 visits/mo
0.4 miles
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Newly signed 12-year lease includes periodic escalations and two options for this Detroit-area retail asset.
Where is this retail space located?
The property is located at 18165 Mack Ave Detroit, MI.
What are key features of this property?
This property features: Newly signed 12‑year lease with periodic escalations; Lease includes two options; Tenant is Ace Corporation’s large franchisee with more than 50 stores nationwide
