Drug Store Property with Clinic
For Sale
$1,350,000
13403 W 7 Mile Road, Detroit, MI 48235
Retail property combines established bank and pharmacy occupancy with a fully built-out clinic suite.
Property SizeContact for details
Days on Market32
Property Features for 13403 W 7 Mile Road
General Information
Standard status
Active
Listing Agency:
Keller Williams Legacy
(313) 752-0000
Listed By:
Nick Jaafar · License #403947
(313) 706-7011
Source:
Alexmi
Added: Sep 7
Changed: Oct 2
Last Checked: Oct 7 at 12:05PM
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
This retail property includes established Bank of America and pharmacy occupancy along with a vacant clinic suite designed for medical use. The clinic measures approximately 4,000 SF and includes four exam rooms, a physician office, a manager’s office, a built-out reception area, storage, and a lead-lined X-ray room with dedicated technician space and appropriate power.
Bank of America has occupied the property for more than 10 years and has approximately 65 months remaining on its lease, along with renewal options. The pharmacy has operated at the property for nearly 12 years under a 72-month lease with additional options and 6% escalations after the current term. The site is located at 13403 W 7 Mile Road in Detroit, Michigan.
Bank of America has occupied the property for more than 10 years and has approximately 65 months remaining on its lease, along with renewal options. The pharmacy has operated at the property for nearly 12 years under a 72-month lease with additional options and 6% escalations after the current term. The site is located at 13403 W 7 Mile Road in Detroit, Michigan.
Key Highlights
- Approximately 4,000 SF fully built‑out clinic suite
- Four exam rooms, physician office, manager’s office, reception area, and storage
- Lead‑lined X‑ray room with dedicated technician area and proper power
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
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Market
Vacancy Rate% for Office in Detroit, MI
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Similar Off Market Nearby
- Pickens Medical Pharmacy Llc — 15651 W McNichols Rd, Detroit, MI 48235
- City Pharmacy LLC — 15617 W McNichols Rd, Detroit, MI 48235
- Genoa Healthcare — 15400 W McNichols Rd #500, Detroit, MI 48235
- Care For You Pharmacy — 15101 W McNichols Rd, Detroit, MI 48235
- Davis Cut Rate Drugs — 14033-39 W McNichols Rd, Detroit, MI 48235
Frequently Asked Questions
What type of property is this?
Drug store - Retail property combines established bank and pharmacy occupancy with a fully built-out clinic suite.
Where is this drug store located?
The property is located at 13403 W 7 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Approximately 4,000 SF fully built‑out clinic suite; Four exam rooms, physician office, manager’s office, reception area, and storage; Lead‑lined X‑ray room with dedicated technician area and proper power
