18165 Mack Ave Detroit, MI 48224

Listing agency JLL - Detroit/Royal Oak, Michigan j***@jll.com Show Phone

Listed by Jordan Gasper · License #MI6501413714

Source Crexi

Added: Apr 11 Updated: Jul 20 at 11:36PM Checked: Jul 21 at 6:32AM

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Investment Insights

Based on property information with market context.

This for-sale retail property is occupied under a newly signed 12-year lease that includes two options and periodic escalations throughout the lease term. The tenant is one of Ace Corporation’s largest franchisees, operating more than 50 stores nationwide.

Additional land parcels are included with the offering. The property also features significant tenant improvements and recent capital expenditures, supporting the current retail operation.

Located at 18165 Mack Ave in Detroit, MI 48224, the asset is positioned for buyers seeking a stabilized leased retail investment with a long lease term and built-in rent adjustments.

Key Highlights

• Newly signed 12‑year lease with periodic escalations
• Lease includes two options
• Tenant is Ace Corporation’s large franchisee with more than 50 stores nationwide

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FAQs

What type of property is this?

Retail space - Newly signed 12-year lease includes periodic escalations and two options for this Detroit-area retail asset.

Where is this retail space located?

The property is located at 18165 Mack Ave Detroit, MI.

What are key features of this property?

This property features: Newly signed 12‑year lease with periodic escalations; Lease includes two options; Tenant is Ace Corporation’s large franchisee with more than 50 stores nationwide