Search
Retail Space with Dollar Tree Sublease
For Sale
Contact for pricing
Pending

21828 23 Mile Rd, Macomb, MI 48042

For-sale retail space associated with a Dollar Tree sublease in Macomb, Michigan.

Property Size14,846 SF
Days on Market141

Property Features for 21828 23 Mile Rd

General Information

Standard status Pending
Size 14,846 SF
Property subtype Retail

Additional Details

Cap Rate 8%
Listing Agency: Friedman Real Estate
Listed By: Josh Miller · License #MI 6501384539
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Apr 13 at 5:02PM

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 Friedman Real Estate

Investment Insights

Based on property information with market context.

This for-sale retail space encompasses 14,846 SF and is identified with a Dollar Tree sublease at 21828 23 Mile Rd in Macomb, Michigan. The property information also references Walgreens and reports an 8.00% CAP rate.

Key Highlights

  • 14,846 SF of retail space
  • Dollar Tree sublease identified
  • Walgreens identified in the property information

Property Analytics

Current Use

Vijaykumar Patel Pharmacy George Clark Gas Station

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Nail Salon Skin Care Clinic

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

135
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 62% Dining 36% Beauty & Spa 3%
Dollar Tree Shops & Services
16,808 visits/mo 0.2 miles
Buscemi's Dining
5,847 visits/mo 0.2 miles
Leo's Coney Island Dining
3,937 visits/mo 0.1 miles
Huntington Bank Shops & Services
3,829 visits/mo 0.1 miles
Jet's Pizza Dining
2,177 visits/mo 0.1 miles

Demographics for 48042, MI

33,398
Population
12,067
Households
2.8
Avg Household Size
42
Median Age
39%
College-Educated
96%
High-School Grad
22.8 sq mi
ZIP Area
1,465
Density / Sq Mi
$125,433
Median Household Income
$61,261
Median Earnings
$1,569
Median Rent
$374,100
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - For-sale retail space associated with a Dollar Tree sublease in Macomb, Michigan.
Where is this retail space located?
The property is located at 21828 23 Mile Rd Macomb, MI.
What are key features of this property?
This property features: 14,846 SF of retail space; Dollar Tree sublease identified; Walgreens identified in the property information
(248) 702-0286 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message