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    9200 Dexter Ave Detroit, MI 48206

    Sponsored
    For Lease
    $16 SF/Yr ($9,421 /Mo)

    Flexible Retail Space, 6902 sq ft, Detroit, MI

    Lot size:
    6,902 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Detroit retail property, located at 9200 Dexter Ave (cross street: Joy Road), offers 6,902 square feet of adaptable space. Currently divided into three available units ranging from 947 to 2,015 square feet, this property presents a unique opportunity for multiple tenants or a single large-scale operation. The flexible layout allows for customization to suit diverse business needs, from small boutiques to larger-scale retail ventures. The property's prime location in Detroit, Michigan, zip code 48206, ensures high visibility and accessibility for customers. This is an ideal space for businesses seeking a versatile and well-situated location to establish or expand their operations. The property's size and layout provide ample room for creative design and efficient operations. The address is easily accessible and benefits from its proximity to Joy Road. This is a rare opportunity to secure a significant retail presence in a thriving Detroit neighborhood. The potential for rapid expansion and growth is significant, making this a highly attractive investment for businesses seeking a strong foothold in the market. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 9200 Dexter Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,902 SF
    Total Rate
    9421.23

    Unit(s) available at that property

    Space
    9212
    Size
    1,008 SF
    Rate per SF
    $17
    Space
    9224
    Size
    2,015 SF
    Rate per SF
    $16
    Space
    9216
    Size
    947 SF
    Rate per SF
    $19

    HighLights

    • 6,902 SF retail space at 9200 Dexter Ave, Detroit, MI 48206 (cross streets: Joy Road).
    • Three available units ranging from 947 SF to 2,015 SF.
    • Flexible layout adaptable to various retail uses.
    • High visibility and accessibility due to prime Detroit location.
    • Strong potential for growth and expansion in a thriving neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hook Fresh Fish ... Seafood Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.117465909878
    Latitude
    42.370392639947

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    FAQs

    What type of property is this?
    Retail property - Flexible Retail Space, 6902 sq ft, Detroit, MI
    Where is this retail property located?
    The property is located at 9200 Dexter Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $16-$19 SF/Yr.
    What are key features of this property?
    This property features: 6,902 SF retail space at 9200 Dexter Ave, Detroit, MI 48206 (cross streets: Joy Road).; Three available units ranging from 947 SF to 2,015 SF.; Flexible layout adaptable to various retail uses.
    Request Owner's contact information
    9200 Dexter Ave Detroit, MI 48206
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    Detroit, MI 48206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9200 Dexter Ave Detroit, MI 48206
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