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    7990-8000 Outer Dr Detroit, MI 48235

    Sponsored
    For Lease
    $11 SF/Yr

    Prime Detroit retail/office space available.

    Lot size:
    58,802 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 58,802 square foot retail and office property, located at 7990-8000 W Outer Drive in Detroit, Michigan, presents a unique investment opportunity. Built in 1995, the property sits on an 8.14-acre lot and is designated by APN 22-073495-600 in Wayne County. The building is currently configured as a multi-tenant space, offering both executive and medical office suites within a strip center setting. Two spaces are immediately available, each ranging from 3,400 to 3,600 contiguous square feet, with a total of 7,000 square feet currently vacant. The minimum divisible space is 3,400 square feet, providing flexibility for various business needs. While the property boasts a total of 5 parking spaces, additional parking solutions may need to be considered depending on tenant requirements. This prime location in Detroit offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. The property's diverse zoning allows for a range of uses, from retail to medical and executive offices. This is a rare opportunity to secure a well-located, versatile commercial property in a thriving Detroit market. Inquire today to learn more about this exciting opportunity.

    Property Features for 7990-8000 Outer Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,802 SF
    Total Rate
    58556.99

    Building Details

    Year Built
    1995

    Unit(s) available at that property

    Space
    Unit A
    Size
    3,400 SF
    Rate per SF
    $11
    Space
    Unit B
    Size
    3,600 SF
    Rate per SF
    $11

    HighLights

    • Up to 7,000 SF of office, retail, or medical space available for lease.
    • 3,400 SF unit available.
    • 3,600 SF end‑cap unit available.
    • High‑visibility corner location at Southfield Freeway and Outer Drive.
    • Adjacent to Henry Ford Medical Center.
    • New parking lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1750922
    Latitude
    42.4346515

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Detroit retail/office space available.
    Where is this neighborhood center located?
    The property is located at 7990-8000 Outer Dr Detroit, MI.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Up to 7,000 SF of office, retail, or medical space available for lease.; 3,400 SF unit available.; 3,600 SF end-cap unit available.
    Request Owner's contact information
    7990-8000 Outer Dr Detroit, MI 48235
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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
    7990-8000 Outer Dr Detroit, MI 48235
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