Dollar Tree-Anchored Retail
For Sale
$1,625,000
408 West Maumee Street, Adrian, MI 49221
Retail store converted to Dollar Tree with a full corporate guarantee and four remaining five-year options.
Property Size19,500 SF
Days on Market29
Property Features for 408 West Maumee Street
General Information
Standard status
Active
Size
19,500 SF
Property subtype
Retail - Freestanding
Site & Location
Traffic Count
8,300 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
19,500 SF
Year Built
1961
Year Renovated
2024
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0298
Listed By:
Evan Lyons · License #6501400582
Source:
Commercialcafe
Added: Jul 26
Changed: Aug 8
Last Checked: Aug 18 at 7:51AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This retail store at 408 West Maumee Street was converted to a Dollar Tree and is supported by a full corporate guarantee. The offer also includes (4) remaining five-year options.
The property is positioned near a range of established retailers, and it benefits from nearby higher-visibility corridors. West Maumee Street averages 8,300+ vehicles per day, and W US Highway 223 averages 13,200+ vehicles per day, providing accessible access to the area.
Adrian College is approximately 1 mile from the subject property, and Siena Heights University is approximately 1.5 miles away. Within a 9-mile radius, average household income is listed at $76,990.
The property is positioned near a range of established retailers, and it benefits from nearby higher-visibility corridors. West Maumee Street averages 8,300+ vehicles per day, and W US Highway 223 averages 13,200+ vehicles per day, providing accessible access to the area.
Adrian College is approximately 1 mile from the subject property, and Siena Heights University is approximately 1.5 miles away. Within a 9-mile radius, average household income is listed at $76,990.
Key Highlights
- Retail store converted to Dollar Tree with full corporate guarantee
- Includes (4) remaining five‑year options under the Dollar Tree lease
- Built in 1961
Property Analytics
Current Use
Lease Details
8,300 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 28%
Huntington Bank
Shops & Services
8,586 visits/mo
0.5 miles
SUBWAY
Dining
3,413 visits/mo
0.5 miles
Demographics for 49221, MI
41,315
Population
17,011
Households
2.4
Avg Household Size
39
Median Age
22%
College-Educated
88%
High-School Grad
119.9 sq mi
ZIP Area
345
Density / Sq Mi
$57,316
Median Household Income
$32,289
Median Earnings
$986
Median Rent
$158,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail store converted to Dollar Tree with a full corporate guarantee and four remaining five-year options.
Where is this retail space located?
The property is located at 408 West Maumee Street Adrian, MI.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Retail store converted to Dollar Tree with full corporate guarantee; Includes (4) remaining five‑year options under the Dollar Tree lease; Built in 1961
