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Ferndale, MI NNN Properties for Sale

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Single-Tenant Net Leased Retail Property
Updated: May 27
Single-Tenant Net Leased Retail Property

22740 Woodward Avenue, Ferndale, MI 48220

$1,500,000
3,100 sqft
Single‑tenant net leased Barrel House property at 22740 Woodward Avenue in Ferndale
Approximately 3,100 SF retail building leased on a NNN basis
Direct frontage along Woodward Avenue, a major Metro Detroit commercial corridor
Lease includes two 5‑year renewal options
Asking price: $1,500,000
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ferndale, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Net-Leased Retail Building
Freestanding Net-Leased Retail Building

22200 Grand River Ave, Detroit, MI 48219

$1,565,000
9,476 sqft

Freestanding single-tenant retail property built in 2012 and currently leased on a triple-net basis through September 2027.

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DMC Orthopedics Clinic For Sale
DMC Orthopedics Clinic For Sale

33703 Van Dyke Ave, Sterling Heights, MI 48312

$3,627,787
7,170 sqft

NNN leased medical office in Sterling Heights, Michigan.

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Freestanding Family Dollar NNN
Freestanding Family Dollar NNN

3911 Joy Rd, Detroit, MI 48206

Contact for pricing
9,180 sqft

A built-in-2005 free-standing retail building operated by Family Dollar under a double-net lease.

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Prime 7-Eleven Investment Opportunity
Prime 7-Eleven Investment Opportunity

3909 E 14 MILE Road, Sterling Heights, MI 48310

$1,350,000
3,238 sqft 0.60 AC lot

7-Eleven investment on a highly visible corner location.

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Ferndale, MI Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Ferndale, MI on our real estate platform. These investment opportunities span a total of 3,100 square feet of properties for sale, with an estimated market value of $1,500,000.

Sale prices for triple net lease properties in Ferndale, MI start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 22K
Population Growth (5Y) -5.7%
Median Household Income $86,095
College Educated 72.2%

High-Yield Neighborhoods for Investment

Identify Ferndale submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48220 $1.5M

Taxes & Financing

Tax Rate (average for all types) 4.51%
Property Tax per SF $25.33 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Oakland County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Oakland County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Ferndale fall within the 5,000 to 10,000 square foot range.

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