0 State Fair Ave Detroit, MI 48203
This single-story, 25,700 square foot retail center is located just south of the 8 Mile Corridor on E. State Fair in Detroit. The property features two suites, with one 1,950 square foot space currently available for lease. This versatile space is suitable for a wide range of retail and service businesses, including food vendors, clothing stores, or office uses. The center is exceptionally well-maintained, boasting a recently paved parking lot for convenient customer access. A key advantage is its strong anchor tenant, a Dollar General store consistently ranking among the top 10 performers in the city. This high-performing anchor tenant drives significant foot traffic and visibility to the center, creating a prime opportunity for a complementary business to thrive. The property's location offers excellent accessibility and visibility, making it an attractive option for businesses seeking a high-traffic location in a well-established commercial area. The available space presents a unique chance to establish or expand a business in a thriving retail environment. Interested parties should inquire for further details and leasing information.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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