7-Eleven Convenience
New
For Sale
Contact for pricing
1490 S Sheldon Road, Plymouth, MI 48170
Freestanding 24-hour convenience store with fuel, prepared foods, and an absolute NNN lease.
Property SizeContact for details
Days on Market4
Property Features for 1490 S Sheldon Road
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Road Access
Yes
Building Details
Year Built
2007
Buildings
1
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 16 at 2:48PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This freestanding 7-Eleven convenience store was constructed in 2007 and operates around the clock. The business offers fuel, hot foods, ATM access, lottery, delivery, and additional convenience services. A new 15-year absolute NNN lease commenced in 2025 and includes five 5-year renewal options, with 10% rent increases scheduled in year 11 and at the beginning of each renewal period.
The property occupies the signalized intersection of Sheldon Road and Ann Arbor Road in Plymouth, Michigan. CVS provides a shadow-anchor presence, while a Kroger-anchored shopping center is located across the street. The site serves nearby residential areas and benefits from connections through M-14 and I-275 to Ann Arbor, Detroit, Livonia, Canton, Northville, and the wider Metro Detroit area.
The surrounding trade area includes schools, employment centers, and daily activity. The property is within the Plymouth-Canton Community Schools district, with Canton, Salem, and Plymouth High Schools within 1.3 miles. Employment concentrations extend along Ann Arbor Road, Haggerty Road, and the M-14 corridor.
The property occupies the signalized intersection of Sheldon Road and Ann Arbor Road in Plymouth, Michigan. CVS provides a shadow-anchor presence, while a Kroger-anchored shopping center is located across the street. The site serves nearby residential areas and benefits from connections through M-14 and I-275 to Ann Arbor, Detroit, Livonia, Canton, Northville, and the wider Metro Detroit area.
The surrounding trade area includes schools, employment centers, and daily activity. The property is within the Plymouth-Canton Community Schools district, with Canton, Salem, and Plymouth High Schools within 1.3 miles. Employment concentrations extend along Ann Arbor Road, Haggerty Road, and the M-14 corridor.
Key Highlights
- New 15‑year absolute NNN lease executed in 2025
- Five 5‑year renewal options with 10% rent increases in year 11 and each renewal period
- Freestanding 7‑Eleven constructed in 2007 and operating 24 hours
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 34%
Dining 16%
Home Improvements & Furnishings 7%
Kroger
Groceries
59,050 visits/mo
0.1 miles
Kroger Fuel Center
Shops & Services
22,520 visits/mo
0.0 miles
Lee's Famous Recipe Chicken
Dining
16,391 visits/mo
0.3 miles
Great Lakes Ace
Home Improvements & Furnishings
9,811 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
8,121 visits/mo
0.1 miles
Demographics for 48170, MI
41,069
Population
18,184
Households
2.3
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
34.5 sq mi
ZIP Area
1,190
Density / Sq Mi
$109,442
Median Household Income
$68,920
Median Earnings
$1,114
Median Rent
$400,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding 24-hour convenience store with fuel, prepared foods, and an absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 1490 S Sheldon Road Plymouth, MI.
What is the asking price?
The asking price for this property is $5,601,490.
What are key features of this property?
This property features: New 15‑year absolute NNN lease executed in 2025; Five 5‑year renewal options with 10% rent increases in year 11 and each renewal period; Freestanding 7‑Eleven constructed in 2007 and operating 24 hours
