Grocery Convenience Retail
For Sale
Contact for pricing
13341 Seven Mile E, Detroit, MI 48205
For sale grocery and convenience retail property with an indicated 10% CAP and NN+ structure in a high-density market.
Property Size12,168 SF
Price / SF$74.58
Days on Market158
Property Features for 13341 Seven Mile E
General Information
Standard status
Active
Size
12,168 SF
Total Parking Spaces
38
Property subtype
Retail
Zoning
B4/R1
Occupancy
100%
Lease Type
NN
Investment Type
Value Add
Net Operating Income
$90,759
Additional Details
Cap Rate
10%
Building Details
Year Built
1952
Year Renovated
2011
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Eddie DeSimone · License #10410386411
Source:
Crexi
Added: Mar 26
Changed: Aug 26
Last Checked: Aug 28 at 8:21PM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail property is categorized as a grocery and convenience store, offered as part of an investment-oriented profile reflected in the public remarks. The listing is presented with an indicated 10% CAP and an NN+ structure.
The property is located at 13341 Seven Mile E in Detroit, Michigan, and is described as being in a high-density market.
Additional property-specific details such as unit configuration, building features, or lease terms beyond the NN+ notation are not provided in the information available here.
The property is located at 13341 Seven Mile E in Detroit, Michigan, and is described as being in a high-density market.
Additional property-specific details such as unit configuration, building features, or lease terms beyond the NN+ notation are not provided in the information available here.
Key Highlights
- 1952 building year
- Indicated 10% CAP
- NN+ structure
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Apparel 23%
BP
Shops & Services
8,076 visits/mo
0.2 miles
Dollar General
Shops & Services
4,700 visits/mo
0.0 miles
DTLR/VILLA
Apparel
3,747 visits/mo
0.5 miles
Demographics for 48205, MI
34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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Similar Off Market Nearby
- Mike's Fresh Market — 14383 Gratiot Ave, Detroit, MI 48205
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - For sale grocery and convenience retail property with an indicated 10% CAP and NN+ structure in a high-density market.
Where is this grocery and convenience store located?
The property is located at 13341 Seven Mile E Detroit, MI.
What is the asking price?
The asking price for this property is $907,500.
What are key features of this property?
This property features: 1952 building year; Indicated 10% CAP; NN+ structure
