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    Livonia, MI
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    Livonia, MI NNN Properties for Sale

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    6 properties
    Established Walgreens Location for Sale
    Updated: Mar 30
    Established Walgreens Location for Sale

    29200 Six Mile Rd, Livonia, MI 48152

    $1,986,500
    13,905 sqft 1.79 AC lot
    Established Walgreens Location: Operating successfully for 28 years.
    Prime Hard Corner Location: Signalized intersection with high traffic counts and excellent visibility.
    Attractive Low Rent: Current rent of $10 per square foot, offering rent stability.
    Strong Demographics: High average household income and large population in surrounding area.
    Excellent Accessibility: Four points of ingress and egress ensure smooth traffic flow.
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    This listing looks promising.

    Here's a quick look at some key insights for

    29200 Six Mile Rd, Livonia, MI, 48152

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $180K
      Annual

    • Mortgage

      $1.44M
      Feb 2021

    • Last Sold

      Feb 2021
      $2.06M

    • Property Type

      Retail Stores
      Built 1997
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    Retail Supercenter Absolute NNN Lease
    Updated: May 7
    Retail Supercenter Absolute NNN Lease

    33500 Seven Mile Road, Livonia, MI 48152

    Contact for pricing
    75,466 sqft
    20‑year absolute NNN ground lease with Meijer, projected to commence rent on August 19, 2026
    75,466 SF Meijer supercenter ground lease at 33500 Seven Mile Road in Livonia, Michigan
    Absolute NNN structure provides zero landlord responsibilities during the initial 20‑year term
    Starting NOI of $675,000
    Meijer is described as one of the largest and most established supercenter retailers in the U.S.
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    Remodeled Retail Storefront with Patio
    Remodeled Retail Storefront with Patio

    34794 Plymouth Road Unit SourceFi, Livonia, MI 48150

    Contact for pricing
    1,750 sqft

    Completely remodeled storefront with new HVAC, electrical, and plumbing, plus a refined front patio and ample parking under NNN lease.

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    New Leaseback Opportunity Near Hospital
    New Leaseback Opportunity Near Hospital

    20280 Middlebelt Rd, Livonia, MI 48152

    Contact for pricing
    1,795 sqft

    10-year absolute NNN lease with fixed annual rent increases.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Remodeled NNN Retail Building
    Remodeled NNN Retail Building

    34788 Plymouth Road Unit SourceFi, Livonia, MI 48150

    Contact for pricing
    1,750 sqft

    Completely remodeled NNN retail building with new HVAC, electrical, plumbing, storefront, and a refined front patio.

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    Absolute NNN Drive-Through Restaurant
    Absolute NNN Drive-Through Restaurant

    29250 Plymouth Rd, Livonia, MI 48150

    Contact for pricing

    Newly developed Chick-fil-A with a 15-year absolute NNN ground lease and a double drive-thru lane.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 Active listings in Livonia, 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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    Triple Net Auto Service Building
    Triple Net Auto Service Building

    1845 North Wayne Road, Westland, MI 48185

    Contact for pricing
    11,830 sqft 1.18 AC lot

    Standalone Meineke Car Care property includes an automotive service building on an approximately 1.18-acre parcel under a 20-year NNN lease.

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    Freestanding Quick-Service Restaurant Property
    Freestanding Quick-Service Restaurant Property

    17700 Grand River Ave, Detroit, MI 48227

    Contact for pricing
    3,636 sqft 0.93 AC lot

    Freestanding Popeyes restaurant on a 0.93-acre lot with a 20-year NNN lease commencing at closing.

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    Leased Kohl’s Retail Investment
    Leased Kohl’s Retail Investment

    35000 Warren Rd, Westland, MI 48185

    Contact for pricing
    90,860 sqft

    Absolute NNN Kohl’s property with long-term corporate-guaranteed tenancy and zero landlord responsibilities.

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    Livonia, MI Nnn Properties Market Trends and Statistics

    Explore 6 nnn properties for sale in Livonia, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 94,666 square feet of properties for sale, with an estimated market value of $1,986,500.

    Sale prices for triple net lease properties in Livonia, MI average $1,986,500 — 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 94K
    Population Growth (5Y) -0.2%
    Median Household Income $96,239
    College Educated 32.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    48152 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 4.72%
    Property Tax per SF $67.48 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Livonia fall within the 100,000+ square foot range.

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