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Retail Property with Expansion Potential

23804 Van Born Rd, Dearborn Heights, MI

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For Sale

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NNN leased retail property with expansion and high visibility.

Type:RETAIL

Lot size:

0.20 Acres

HighLights

7.2% Cap Rate
NNN Lease in place with long term tenants
Room to expand building with 4 additional lots included
Great business location off heavily traveled intersection
Many national retailers in the immediate area
Ample onsite parking

We can help!

Listing Contact

Yousef Beydoun

For Sale

Contact for pricing

NNN leased retail property with expansion and high visibility.

Type:RETAIL

Lot size:

0.20 Acres

Added:: Oct 23, 2023
Days on Market:: 961
Last Refresh:: May 20 at 8:52 pm

Property Features for 23804 Van Born Rd

General Information

Standard status: Active
Lot size: 0.20 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Yousef Beydoun

Listing agent Yousef Beydoun License #6501354088

Listing office Re/Max Commercial

Listing date Oct 23, 2023

Source Moodyscre

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 Re/Max Commercial

HighLights

7.2% Cap Rate
NNN Lease in place with long term tenants
Room to expand building with 4 additional lots included
Great business location off heavily traveled intersection
Many national retailers in the immediate area
Ample onsite parking

Overview

This retail property, offered for sale, features a NNN lease currently in place with long-term tenants. The location benefits from high traffic at the intersection of Telegraph Road and Van Born Road. The surrounding area includes national retailers such as Walgreens, Wendy's, Aldi, Subway, and Burger King. The property offers significant exposure and includes four additional lots, providing room for building expansion. Ample on-site parking is available. The property is being offered at a 7.2% cap rate.

Property Profile Location Intelligence

Current Use by Public Records

Metro by T-Mobile Mobile Phone Store L.A. Insurance Insurance Agency

Suggested Use

Location Insight

Map
Local Demand

City: Dearborn Heights
County: Wayne
State: Michigan
Longitude: -83.2685
Latitude: 42.2694

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What type of property is this?

Retail space - NNN leased retail property with expansion and high visibility.

Where is this retail space located?

The property is located at 23804 Van Born Rd Dearborn Heights, MI.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: 7.2% Cap Rate; NNN Lease in place with long term tenants; Room to expand building with 4 additional lots included

23804 Van Born Rd, Dearborn Heights, MI

NNN leased retail property with expansion and high visibility.

Property Features for 23804 Van Born Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Auto Shop Business Opportunity

Dearborn Heights Restaurant Business Opportunity

Dearborn Heights Commercial Space For Sale

Dearborn Heights Commercial Building For Sale

Commercial Space For Sale

Dearborn Heights Worship Space Available

Turn-Key Auto Repair Facility

Turnkey Bakery Business Opportunity

Commercial Building in Dearborn Heights

Commercial Building on Telegraph Road

Truck Terminal Near Freeways

Warehouse with Showroom and Additions

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