Neighborhood Shopping Center with Bank
For Sale
Contact for pricing
24010 W 7 Mile Rd, Detroit, MI 48218
Neighborhood center is 100% occupied and anchored by Fifth Third Bank with a drive-thru, with all tenants under triple-net leases.
Property Size34,136 SF
Lot Size2.50 Acres
Days on Market134
Property Features for 24010 W 7 Mile Rd
General Information
Standard status
Active
Size
34,136 SF
Lot size
2.50 Acres
Property subtype
Retail
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
The Jonna Group at Colliers International
(248) 226-1610
Listed By:
Simon Jonna · License #MI 6501357188
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 3:02PM
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 The Jonna Group at Colliers International
Investment Insights
Based on property information with market context.
Topinka’s Plaza is a 34,136-square-foot neighborhood shopping center situated on nearly 2.5 acres. The center is 100% occupied and has maintained stable occupancy for more than a decade. Fifth Third Bank serves as the anchor and includes a drive-thru, with the remaining tenant mix including Sprint, Subway, and Advance America, along with other local tenants. All tenants are under triple-net leases, and Fifth Third recently renewed a 5-year NNN lease.
The property is located on W Seven Mile Rd at US Highway 24, also known as Telegraph Rd, a major north-south state trunkline connecting suburbs across Metro Detroit and passing along the western edge of Detroit.
Within Detroit city limits, federal law requires six Fifth Third Bank branches, and this location is one of those six. Nearby retailers include Sam’s Club, CVS Pharmacy, ALDI, Family Dollar, Ace Hardware, Taco Bell, Dairy Queen, Checkers, FedEx, and U-Haul.
The property is located on W Seven Mile Rd at US Highway 24, also known as Telegraph Rd, a major north-south state trunkline connecting suburbs across Metro Detroit and passing along the western edge of Detroit.
Within Detroit city limits, federal law requires six Fifth Third Bank branches, and this location is one of those six. Nearby retailers include Sam’s Club, CVS Pharmacy, ALDI, Family Dollar, Ace Hardware, Taco Bell, Dairy Queen, Checkers, FedEx, and U-Haul.
Key Highlights
- 34,136 SF neighborhood shopping center in Detroit, MI
- 100% occupied with stable occupancy for over a decade
- Anchored by Fifth Third Bank with drive‑thru; Fifth Third recently renewed a 5‑year NNN lease
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
26k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 46%
Home Improvements & Furnishings 6%
McDonald's
Dining
12,545 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,452 visits/mo
0.5 miles
BP
Shops & Services
4,960 visits/mo
0.4 miles
Lozon True Value Hardware
Home Improvements & Furnishings
1,499 visits/mo
0.4 miles
Sunoco
Shops & Services
1,410 visits/mo
0.4 miles
Demographics for 48218, MI
7,271
Population
3,466
Households
2.1
Avg Household Size
34
Median Age
7%
College-Educated
78%
High-School Grad
2.2 sq mi
ZIP Area
3,305
Density / Sq Mi
$32,683
Median Household Income
$32,246
Median Earnings
$759
Median Rent
$56,100
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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Frequently Asked Questions
What type of property is this?
Shopping center - Neighborhood center is 100% occupied and anchored by Fifth Third Bank with a drive-thru, with all tenants under triple-net leases.
Where is this shopping center located?
The property is located at 24010 W 7 Mile Rd Detroit, MI.
What are key features of this property?
This property features: 34,136 SF neighborhood shopping center in Detroit, MI; 100% occupied with stable occupancy for over a decade; Anchored by Fifth Third Bank with drive‑thru; Fifth Third recently renewed a 5‑year NNN lease
