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Anchored Retail Center with Parking
For Lease
$11.25 SF/Yr

8726 Seven Mile E, Detroit, MI 48234

Retail space anchored by Family Dollar with ample parking and convenient access on E. Seven Mile.

Space SizeContact for details
Property Size15,975 SF
Days on Market241

Property Features for 8726 Seven Mile E

General Information

Standard status Active
Size 15,975 SF
Property subtype Retail
Zoning R1

Building Details

Building Size 15,975 SF
Listing Agency: JMC Management, LLC
Listed By: Maranda Biddle
Source: Cpix.resimplifi
Added: Jan 8 Changed: Aug 16 Last Checked: Sep 5 at 3:33AM

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 JMC Management, LLC

Investment Insights

Based on property information with market context.

This retail property is anchored by Family Dollar and set up to serve multiple tenant uses in a larger shopping center format. The offering is designed for straightforward customer access, supported by ample on-site parking.

The center is conveniently located on E. Seven Mile near Outer Dr. in Detroit, MI, making it an accessible option for retail users seeking a well-known anchor within the property.

For renters or buyers evaluating anchored retail environments, this location provides a practical configuration with parking and easy access, with Family Dollar serving as the primary tenant anchor.

Key Highlights

  • Retail property anchored by Family Dollar
  • Convenient location on E. Seven Mile at Outer Dr
  • Ample parking

Property Analytics

Current Use

Upstanding Rental Hall Hotel & Motel

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Parking Lot & Garage Skin Care Clinic

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

NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 61% Dining 39%
Family Dollar Shops & Services
10,691 visits/mo 0.3 miles
BP Shops & Services
9,341 visits/mo 0.2 miles
Little Caesars Pizza Dining
6,589 visits/mo 0.3 miles
KFC Dining
6,234 visits/mo 0.1 miles

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$17.25 /SF/Yr
Avg Asking Price
$11.25–$27 /SF/Yr
Price Range
16,041 SF
Avg Space Size

This space is priced 35% below the average of $17.25 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Michigan Secretary of State Self-service Station 18100 Meyers Rd, Detroit, MI 48235
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space anchored by Family Dollar with ample parking and convenient access on E. Seven Mile.
Where is this shopping center located?
The property is located at 8726 Seven Mile E Detroit, MI.
What is the lease rate?
The lease rate is $11.25 SF/Yr.
What are key features of this property?
This property features: Retail property anchored by Family Dollar; Convenient location on E. Seven Mile at Outer Dr; Ample parking
More about this property
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