7-Eleven NNN Convenience
For Sale
Contact for pricing
39390 E Corse Road, Romulus, MI 48174
Established convenience retail location with a recently extended ground lease and no landlord obligations.
Property SizeContact for details
Days on Market144
Property Features for 39390 E Corse Road
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SAB Capital
(646) 809-8840
Listed By:
Preet Sabharwal · License #NY 10401215775
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 8:45PM
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 SAB Capital
Investment Insights
Based on property information with market context.
This convenience store is occupied by 7-Eleven, which has operated at the property since 2001. The recently extended ground lease carries a 10-year base term, triple-net structure, and zero landlord responsibilities. Contractual rent increases are set at 10 percent every five years during the base term and each of three five-year extension options. The lease also includes a corporate guaranty from 7-Eleven, Incorporated.
The property is in Romulus, Michigan, near Detroit Metropolitan Wayne County Airport and the intersection of Ecorse and Hannan Road. The surrounding thoroughfare records more than 20,000 vehicles per day. The site is positioned within an industrial corridor with the Ecorse Commons Distribution Center and Amazon Fulfillment Center located within three miles, alongside more than 120,000 residents within the same radius.
The property is in Romulus, Michigan, near Detroit Metropolitan Wayne County Airport and the intersection of Ecorse and Hannan Road. The surrounding thoroughfare records more than 20,000 vehicles per day. The site is positioned within an industrial corridor with the Ecorse Commons Distribution Center and Amazon Fulfillment Center located within three miles, alongside more than 120,000 residents within the same radius.
Key Highlights
- 7‑Eleven has operated at the property since 2001
- Recently extended 10‑year triple‑net ground lease
- Zero landlord responsibilities under the lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
11,776 visits/mo
0.2 miles
Mobil
Shops & Services
5,187 visits/mo
0.2 miles
7-Eleven
Shops & Services
3,995 visits/mo
0.2 miles
Demographics for 48174, MI
33,683
Population
13,124
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
89%
High-School Grad
40.8 sq mi
ZIP Area
826
Density / Sq Mi
$65,675
Median Household Income
$41,186
Median Earnings
$1,053
Median Rent
$151,500
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?
Grocery and convenience store - Established convenience retail location with a recently extended ground lease and no landlord obligations.
Where is this grocery and convenience store located?
The property is located at 39390 E Corse Road Romulus, MI.
What are key features of this property?
This property features: 7‑Eleven has operated at the property since 2001; Recently extended 10‑year triple‑net ground lease; Zero landlord responsibilities under the lease
