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Family Dollar NNN Property
For Sale
Contact for pricing
Pending

174 Southfield Rd, Ecorse, MI 48229

Corporate-backed lease with six renewal options and 8% increases at each option.

Property SizeContact for details
Days on Market141

Property Features for 174 Southfield Rd

General Information

Standard status Pending
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 23,000 vehicles/day

Building Details

Year Built 2011
Listing Agency: The Goldstein Group
Listed By: Russell Goldstein · License #FL 3277603
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 8:00PM

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 The Goldstein Group

Investment Insights

Based on property information with market context.

This NNN retail property is occupied by Family Dollar and was constructed in 2011. The lease includes a corporate guarantee, six renewal options, and 8% increases associated with each option. The store has operated at the property for more than 15 years, providing an established operating history.

The property is situated on Southfield Rd in Ecorse, within the Greater Detroit Area. The corner location records more than 23,000 vehicles daily, while the surrounding 5-mile area includes more than 199,400 residents. Ecorse is approximately 12 miles from downtown Detroit and forms part of the Detroit metropolitan statistical area.

Key Highlights

  • Family Dollar occupancy with a corporate lease guarantee
  • Six renewal options with 8% increases at each option
  • 2011 construction

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
4,959 visits/mo 0.1 miles
Shell Shops & Services
4,054 visits/mo 0.3 miles

Demographics for 48229, MI

9,258
Population
4,156
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
2.8 sq mi
ZIP Area
3,306
Density / Sq Mi
$45,148
Median Household Income
$33,815
Median Earnings
$879
Median Rent
$59,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-backed lease with six renewal options and 8% increases at each option.
Where is this nnn property located?
The property is located at 174 Southfield Rd Ecorse, MI.
What are key features of this property?
This property features: Family Dollar occupancy with a corporate lease guarantee; Six renewal options with 8% increases at each option; 2011 construction
More about this property
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