Property profile

7990-8000 Outer Dr Detroit, MI 48235

OFF-MARKET
Neighborhood centers
58,802 SF Built 1995
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Property summary

AI-generated overview

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 profile

Verified
Property type Neighborhood centers
Year built 1995
Total area 58,802 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7990-8000 Outer Dr Detroit, MI 48235
Detroit metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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