Property profile

16700 Grand River Ave Detroit, MI 48227

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity is situated on Grand River Avenue, conveniently located just east of Southfield Freeway, offering unparalleled visibility and accessibility. The property features a total of 7,500 square feet of vacant retail space, perfect for a variety of uses. The space is currently available for lease as a single, large unit, providing ample room for a substantial retail operation or the potential for division into smaller units (subject to landlord approval). The building boasts excellent signage opportunities, both on the building itself and along the highly trafficked Grand River Avenue, ensuring maximum brand exposure for your business. This prime location benefits from high foot traffic and significant vehicular visibility, making it an ideal spot to establish or expand your retail presence. The property's strategic placement near the Southfield Freeway provides easy access for customers from across the region. This is a rare chance to secure a substantial retail space in a high-demand area with exceptional visibility and convenient access. Interested parties should inquire promptly to secure this outstanding opportunity. The space is ready for immediate occupancy, allowing for a swift and efficient start to your business operations. The landlord is open to discussing lease terms and potential modifications to suit the needs of a qualified tenant.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

16700 Grand River Ave Detroit, MI 48227
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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