14305 Harper Ave, Detroit, MI 48213
Single-tenant Family Dollar property with lease until 2027.
- Added:
- Nov 13, 2025
- Days on Market:
- 236
- Last Refresh:
- Jul 2 at 11:52 am
Property Features for 14305 Harper Ave
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 0.35 Acres
- Property subtype
- Business for Sale
Building Details
- Year Built
- 1937
Listing office My Realty
Listing date Nov 13, 2025
Source Crexi
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 My Realty
HighLights
- Single‑tenant net lease Family Dollar property in Detroit, MI.
- Located at the hard corner of Harper Avenue & Chalmers Street with multiple points of entry/access.
- Strong dollar store demographics in a densely populated market, 15 minutes from downtown Detroit, MI.
- NNN+ lease with ±2.7 years remaining and (2) 5‑year renewal options.
- New 2015 renovation.
- ±8,000 SF building situated on ±0.35 acres.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $148.8k | $18.60 |
| − Vacancy | −$8.0k | −$1.00 |
| EGI | $140.8k | $17.60 |
| − OpEx | −$35.2k | −$4.40 |
| NOI | $105.6k | $13.20 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Farmer John Food Center — 9731 Harper Ave, Detroit, MI 48213
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9657066
- Latitude
- 42.4045856
