Two-Tenant Retail Strip
For Sale
Contact for pricing
21310 Grand River Ave, Detroit, MI 48219
Newer two-tenant shopping strip built in 2016 with 100% occupancy on NNN leases.
Property Size15,894 SF
Lot Size1.62 Acres
Days on Market122
Property Features for 21310 Grand River Ave
General Information
Standard status
Active
Size
15,894 SF
Lot size
1.62 Acres
Property subtype
Retail
Occupancy
100%
Additional Details
Traffic Count
24,000 vehicles/day
Building Details
Year Built
2016
Tenancy
Multi
Listing Agency:
The Jonna Group at Colliers International
(248) 226-1611
Listed By:
Simon Jonna · License #MI 6501357188
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 10:10PM
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 Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
Grand River Marketplace is a newer 2016 construction two-tenant shopping strip totaling 15,894 square feet on 1.62 acres, currently 100% occupied. The property’s tenants include Dollar Tree operating on an NNN lease, along with Mr. Alan’s Elite also operating on an NNN lease.
The center is located on Grand River Avenue with exposure to more than 24,000 vehicles per day and sits adjacent to a Meijer Superstore. The surrounding retail corridor includes multiple national and regional retailers such as McDonald’s, Wendy’s, KFC, Burger King, Family Dollar, Auto-Zone, and CVS Pharmacy.
This offering is presented for sale as a fully leased strip center with NNN lease structure in place at both operating suites.
The center is located on Grand River Avenue with exposure to more than 24,000 vehicles per day and sits adjacent to a Meijer Superstore. The surrounding retail corridor includes multiple national and regional retailers such as McDonald’s, Wendy’s, KFC, Burger King, Family Dollar, Auto-Zone, and CVS Pharmacy.
This offering is presented for sale as a fully leased strip center with NNN lease structure in place at both operating suites.
Key Highlights
- Grand River Marketplace is a newer 2016 two‑tenant shopping strip in Detroit, Michigan.
- 15,894 SF on 1.62 acres with 100% occupancy and tenants on NNN leases.
- Includes Dollar Tree (S&P BBB-) and Mr. Alan’s Elite operating on NNN leases.
Property Analytics
Current Use
Lease Details
24,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
120k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 61%
Shops & Services 32%
Apparel 3%
Dining 3%
Meijer
Groceries
73,288 visits/mo
0.1 miles
Dollar Tree
Shops & Services
14,060 visits/mo
0.1 miles
Meijer Gas Station
Shops & Services
9,012 visits/mo
0.0 miles
Family Dollar
Shops & Services
6,719 visits/mo
0.5 miles
Sunoco
Shops & Services
4,384 visits/mo
0.3 miles
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Newer two-tenant shopping strip built in 2016 with 100% occupancy on NNN leases.
Where is this strip mall located?
The property is located at 21310 Grand River Ave Detroit, MI.
What are key features of this property?
This property features: Grand River Marketplace is a newer 2016 two‑tenant shopping strip in Detroit, Michigan.; 15,894 SF on 1.62 acres with 100% occupancy and tenants on NNN leases.; Includes Dollar Tree (S&P BBB-) and Mr. Alan’s Elite operating on NNN leases.
