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Dequindre Rd Retail Investment Opportunity
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20721 DEQUINDRE RD, Hazel Park, MI

Retail property with long-term lease and income potential.

Lot Size0.25 Acres
Days on Market262

Property Features for 20721 DEQUINDRE RD

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype RETAIL
Listing Agency: Iconic Real Estate
Listed By: Kees Janeway
Source: Moodyscre
Added: Nov 11, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:00AM

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 Iconic Real Estate

Investment Insights

Based on property information with market context.

This retail property, located on Dequindre Rd approximately 1 mile east of I-75, offers a high-visibility location. The property features built-out dispensary infrastructure suitable for both pickup and in-store operations, functioning as a full retail facility. It benefits from a strong brand presence within the JARS network. The property has 8.5 years remaining on the lease with 3% annual rent escalations. The current net operating income (NOI) is $247,200, with a projected increase to $254,616 upon the next escalation. Situated in one of Michigan’s capped-license markets, limited to 6 licenses, this property presents an opportunity for stable, long-term cash flow.

Key Highlights

  • Opportunity for stable, long‑term cash flow.
  • Current NOI: $247,200 → projected $254,616 upon escalation.
  • 8.5 years remaining on lease.

Property Analytics

Current Use

Wrigley's Pharmacy Pharmacy Citizen Tax Service ... Consultant Liberty Tax Service Tax Preparation Toro Tax Services Accounting Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair 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.

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby
124k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 23% Apparel 16% Electronics 6%
McDonald's Dining
20,755 visits/mo 0.2 miles
Dollar Tree Shops & Services
17,390 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
10,265 visits/mo 0.2 miles
Tim Hortons Dining
9,153 visits/mo 0.1 miles
KFC Dining
8,770 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail property with long-term lease and income potential.
Where is this retail space located?
The property is located at 20721 DEQUINDRE RD Hazel Park, MI.
What are key features of this property?
This property features: Opportunity for stable, long‑term cash flow.; Current NOI: $247,200 → projected $254,616 upon escalation.; 8.5 years remaining on lease.
(313) 603-4266 Call to check price and availability
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