3911 Joy Rd Detroit, MI 48206

Listing agency Marcus & Millichap | The Patel Yozwiak Group d***@marcusmillichap.com Show Phone

Listed by Darpan Patel · License #OH SAL.2012000748

Source Crexi

Added: Apr 12 Updated: Jul 21 at 12:17PM Checked: Jul 21 at 12:17PM

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents a free-standing Family Dollar retail property built in 2005. The offering includes a 9,180-square-foot building built to suit for Family Dollar, and it is currently under a double-net (NN) structure with five-plus years remaining on the lease term.

Under the lease terms described, the tenant and landlord responsibilities are split as follows: the landlord is responsible for maintaining the roof and parking lot, and for replacing the HVAC. The tenant is responsible for maintaining and repairing the parking lot and HVAC.

The rent commenced in June 2019 and is scheduled to expire in June 2026, with four, five-year extension options available.

Key Highlights

• Free‑standing Family Dollar retail building built in 2005 at 3911 Joy Road, Detroit, MI 48206
• 9,180 SF building built to suit for Family Dollar
• Double‑net (NN) lease with 5+ years remaining

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FAQs

What type of property is this?

Retail space - A built-in-2005 free-standing retail building operated by Family Dollar under a double-net lease.

Where is this retail space located?

The property is located at 3911 Joy Rd Detroit, MI.

What are key features of this property?

This property features: Free‑standing Family Dollar retail building built in 2005 at 3911 Joy Road, Detroit, MI 48206; 9,180 SF building built to suit for Family Dollar; Double‑net (NN) lease with 5+ years remaining