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    Property profile & analytics
    FOR LEASE
    Retail space

    13200 E Jefferson Ave, Detroit, MI 48215

    47,227 SF 6.29 ac lot Built 2006
    Entity Owned 19-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1451633
    Property summary
    AI-generated overview

    Riverbend Plaza offers a unique opportunity for medical, dental, retail, or animal-related businesses seeking space in a thriving Detroit location. This multi-tenant retail and office center boasts 4,000 square feet of immediately available space, divisible to a minimum of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Situated a half-mile east of the Stellantis expansion and conveniently located near the vibrant downtown business district of Grosse Pointe Park, the property benefits from its proximity to the Jefferson-Chalmers neighborhood, where a significant $5 million investment in neighborhood improvements has been made by the Penske Group. The center enjoys strong anchor tenants, including Dedicated Senior Primary Care, Canine To Five, Dollar Tree, Rent-A-Center, PNC Bank, and O'Reilly Auto Parts, providing a stable and attractive environment for new businesses. The Detroit Police Department is also a tenant, adding to the security and stability of the location. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their presence in a rapidly developing area of Detroit. The available space is adaptable to a variety of uses, making it a versatile option for prospective tenants. Contact us for more information and to schedule a viewing.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2006
    Total area 47,227 SF
    Lot 6.29 ac (273,992 SF)
    Zoning code PD
    APN 21000367-73
    UPID US43-1451633
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • O'Reilly Auto Parts Auto Parts Store
    • Ignition Switch Detroit Auto Repair Shop Vehicle Inspection Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.36M
    Blend (final) Blend
    $5.53M
    Owner & transaction history
    RIVERBEND PROPERTIES INC
    RIVERBEND PROPERTIES INC
    Zoning & alternative use
    PD · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $4.3M +32.1%
    Restaurant $4.3M +32.1%
    Neighborhood: shopping center $3.6M +9.7%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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