7-Eleven NNN
For Sale
Contact for pricing
3850 Monroe St, Dearborn, MI 48124
Absolute NNN ground lease with scheduled 10% rent increases every 5 years.
Property Size2,940 SF
Price / SF$618.37
Days on Market213
Property Features for 3850 Monroe St
General Information
Standard status
Active
Size
2,940 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$100,000
Building Details
Year Built
2000
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Matthews
Listed By:
Nick Hahn · License #CA 02118006
Source:
Crexi
Added: Jan 29
Changed: Aug 30
Last Checked: Aug 30 at 6:46AM
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 Matthews
Investment Insights
Based on property information with market context.
This 2,940-square-foot 7-Eleven property was built in 2000 and operates under an absolute NNN ground lease, placing no landlord responsibilities on the owner. The lease includes 10% rent increases every 5 years, and 7-Eleven has extended the term for another 10 years. The store has operated at this location for 25+ years and remains open 24/7.
Located at 3850 Monroe St in Dearborn, Michigan, the property occupies the corner of Monroes St and Dartmouth St, identified as a primary local arterial. Multiple access points support customer entry and exit, while the site serves the Detroit-Warren-Dearborn MSA. 7-Eleven carries an A rating from Standard and Poor’s.
Located at 3850 Monroe St in Dearborn, Michigan, the property occupies the corner of Monroes St and Dartmouth St, identified as a primary local arterial. Multiple access points support customer entry and exit, while the site serves the Detroit-Warren-Dearborn MSA. 7-Eleven carries an A rating from Standard and Poor’s.
Key Highlights
- 2,940‑square‑foot 7‑Eleven property built in 2000
- Absolute NNN ground lease with zero landlord responsibilities
- 10% rental increases every 5 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
18k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 39%
Groceries 20%
7-Eleven
Shops & Services
7,035 visits/mo
0.1 miles
Little Caesars Pizza
Dining
5,882 visits/mo
0.1 miles
Homeland
Groceries
3,723 visits/mo
0.1 miles
Hungry Howie's Pizza
Dining
1,537 visits/mo
0.0 miles
Demographics for 48124, MI
34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN ground lease with scheduled 10% rent increases every 5 years.
Where is this nnn property located?
The property is located at 3850 Monroe St Dearborn, MI.
What is the asking price?
The asking price for this property is $1,818,000.
What are key features of this property?
This property features: 2,940‑square‑foot 7‑Eleven property built in 2000; Absolute NNN ground lease with zero landlord responsibilities; 10% rental increases every 5 years
