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Multi-Tenant Retail Space with National Tenants
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24750 Telegraph Road, Southfield, MI 48033

Two nationally recognized occupants provide established retail use along a heavily traveled commercial corridor.

Property SizeContact for details
Days on Market146

Property Features for 24750 Telegraph Road

General Information

Standard status Active
Property subtype Retail
Net Operating Income $142,800

Additional Details

Cap Rate 7%
Anchor Co-Tenants Dunkin' Donuts, Pizza Hut

Building Details

Tenancy Multi
Listing Agency: Encore Real Estate Investment Services
Listed By: Danny Samona · License #MI 6501387591
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:56PM

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 Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This multi-tenant retail property includes Dunkin' Donuts and Pizza Hut, providing an established two-occupant configuration. Both national tenants are associated with long-term occupancy, supporting continuity for the property’s current retail operation.

The site is positioned on the north side of Telegraph Road in Southfield, Michigan, where reported daily traffic exceeds 87,000 vehicles. The surrounding area includes office and manufacturing employment, with more than 254,000 residents within a five-mile radius and average household income above $68,000. The property is offered with a reported 7.00% cap rate.

Key Highlights

  • Two national retail tenants: Dunkin' Donuts and Pizza Hut
  • Reported 7.00% cap rate
  • North side of Telegraph Road in Southfield, MI

Property Analytics

Current Use

Pizza Hut Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Pharmacy Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby
116k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 31% Groceries 12% Apparel 6%
McDonald's Dining
20,624 visits/mo 0.2 miles
Gordon Food Service Groceries
14,160 visits/mo 0.2 miles
Marathon Petroleum Shops & Services
11,438 visits/mo 0.0 miles
Tim Hortons Dining
9,759 visits/mo 0.2 miles
KFC Dining
7,236 visits/mo 0.1 miles

Demographics for 48033, MI

17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
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
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Frequently Asked Questions

What type of property is this?
Retail space - Two nationally recognized occupants provide established retail use along a heavily traveled commercial corridor.
Where is this retail space located?
The property is located at 24750 Telegraph Road Southfield, MI.
What are key features of this property?
This property features: Two national retail tenants: Dunkin' Donuts and Pizza Hut; Reported 7.00% cap rate; North side of Telegraph Road in Southfield, MI
(248) 702-0286 Call to check price and availability
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