Property profile

11100 Mack Ave Detroit, MI 48214

FOR LEASE
Grocery and convenience stores
Property ID
US43-1423958
14,389 SF 1.04 ac lot Built 1985
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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For Lease
$315,000 14,200 SF available
11100 Mack Ave, Detroit, MI 48214
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Property summary

AI-generated overview

This exceptional 14,200 square foot retail space is available for lease at 11100 Mack Avenue in Detroit, Michigan. Located in Wayne County, this single-tenant property sits on a generous 1.04-acre lot and offers ample parking for customers and employees. The entire building is currently vacant, presenting a unique opportunity for a business seeking a substantial and highly visible location. The property's size and layout are ideal for a variety of retail uses, providing significant flexibility for a prospective tenant to customize the space to meet their specific needs. The address, 11100 Mack Avenue, ensures excellent street visibility and accessibility, benefiting from high traffic volume. The property's location within Detroit offers access to a large consumer base and strong potential for business growth. With its substantial size, ample parking, and prime location, this property represents a compelling investment opportunity for a discerning tenant seeking a prominent retail presence in a thriving area of Detroit. The property is zoned for commercial use and is ready for immediate occupancy. Interested parties are encouraged to inquire for further details and leasing information. The zip code for this property is 48214.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1985
Total area 14,389 SF
Lot 1.04 ac (45,302 SF)
Zoning code B4
APN 21001146-8
UPID US43-1423958

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
  • Big Box & Wholesale Store

Location

11100 Mack Ave Detroit, MI 48214
Detroit metro Census 513900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$929k
Blend (final) Blend
$315k

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
2013
Price N/A
1969
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.3M +32.1%
Restaurant $1.3M +32.1%
Neighborhood: shopping center $1.1M +9.7%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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