19000 W Warren Ave, Detroit, MI 48228

This exceptional investment opportunity presents a 2,562 square foot convenience store/supermarket located at 19000 W. Warren Ave, Detroit, MI 48228. The property, a single-story Class B building on a 0.22-acre lot, boasts 20 parking spaces and is situated on W. Warren Avenue between Evergreen and Southfield Freeway. Currently operating at 100% occupancy under a triple-net (NN) lease with three years remaining and lease options, this property offers a strong, stable income stream. The building underwent renovations in 2023, including brand new mechanical systems, ensuring long-term operational efficiency. The asking price is $400,000, representing an attractive 8.70% cap rate with a current Net Operating Income (NOI) of $34,800. The property is zoned B4 and features a single tenant in a single unit. This is an ideal investment for those seeking a low-risk, high-return retail property in a prime Detroit location. The property's strong tenant, recent renovations, and favorable lease terms make it a compelling investment opportunity.