Grocery Retail
For Sale
Contact for pricing
13341 Seven Mile East, Detroit, MI 48205
Grocery and convenience retail property offered for sale with a stated 10.00% cap rate on an NN+ structure.
Property Size12,168 SF
Price / SF$74.58
Days on Market68
Property Features for 13341 Seven Mile East
General Information
Standard status
Active
Size
12,168 SF
Property subtype
Retail
Additional Details
Cap Rate
10%
Building Details
Year Built
1952
Listing Agency:
Matthews
Listed By:
Eddie DeSimone · License #10410386411
Source:
Crexi
Added: Jun 1
Changed: Jul 21
Last Checked: Aug 6 at 5:33AM
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 offering is for a grocery and convenience retail property marketed for sale. The listing cites a 10.00% cap rate and an NN+ structure.
The property is located at 13341 Seven Mile East in Detroit, MI 48205, and is described as serving a high-density market.
The property size is listed as 12,168 square feet. For complete terms, operating information, and tenant details, interested parties should review the offering materials provided with the listing.
The property is located at 13341 Seven Mile East in Detroit, MI 48205, and is described as serving a high-density market.
The property size is listed as 12,168 square feet. For complete terms, operating information, and tenant details, interested parties should review the offering materials provided with the listing.
Key Highlights
- Stated 10.00% cap rate for the grocery and convenience retail property
- NN+ high‑density market structure referenced in the listing
- Year built: 1952
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 37%
Apparel 20%
McDonald's
Dining
17,931 visits/mo
0.2 miles
Family Dollar
Shops & Services
10,202 visits/mo
0.4 miles
BP
Shops & Services
8,076 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
7,629 visits/mo
0.2 miles
Dollar General
Shops & Services
4,700 visits/mo
0.3 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 - Grocery and convenience retail property offered for sale with a stated 10.00% cap rate on an NN+ structure.
Where is this grocery and convenience store located?
The property is located at 13341 Seven Mile East 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: Stated 10.00% cap rate for the grocery and convenience retail property; NN+ high‑density market structure referenced in the listing; Year built: 1952
