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Freestanding Single-Tenant Convenience Store
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8800 Schaefer Hwy, Detroit, MI 48228

Dollar General occupies the freestanding retail building under an NN lease structure.

Property Size9,900 SF
Price / SF$126.26
Days on Market71

Property Features for 8800 Schaefer Hwy

General Information

Standard status Active
Size 9,900 SF
Property subtype RETAIL

Site & Location

Neighborhood We Care Community

Building Details

Tenancy Single
Listing Agency: Legacy Real Estate Advisors
Listed By: Anthony Manni · License ##6501459747
Source: Moodyscre
Added: Aug 18 Changed: Oct 25 Last Checked: Oct 26 at 7:38PM

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 Legacy Real Estate Advisors

Rey
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Investment Insights

Based on property information with market context.

This freestanding retail property contains 9,900 square feet and is occupied by Dollar General as a single tenant. The lease is structured on an NN basis, providing a defined allocation of landlord responsibilities. The asset is located at 8800 Schaefer Hwy in Detroit, Michigan.

The surrounding area includes more than 20,500 residents within 1 mile and over 174,200 residents within 3 miles. The 3-mile area also includes more than 32,000 daytime employees, providing a substantial nearby population and employment base for the store.

Key Highlights

  • 9,900‑square‑foot freestanding Dollar General property
  • Single‑tenant occupancy with an NN lease structure
  • 20,500+ residents within 1 mile

Property Analytics

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Open Analytics

Current Use

Dollar General Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

408
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
7,756 visits/mo 0.5 miles
Dollar General Shops & Services
7,585 visits/mo 0.1 miles
Mobil Shops & Services
4,667 visits/mo 0.5 miles

Demographics for 48228, MI

53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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

Similar Off Market Nearby

  • HappyLand Market — 8000 Schaefer Hwy, Detroit, MI 48228

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Dollar General occupies the freestanding retail building under an NN lease structure.
Where is this grocery and convenience store located?
The property is located at 8800 Schaefer Hwy Detroit, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 9,900‑square‑foot freestanding Dollar General property; Single‑tenant occupancy with an NN lease structure; 20,500+ residents within 1 mile
(248) 728-4831 Call to check price and availability
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