21613 8th Mile Rd Detroit, MI 48219-4417
Property summary
This exceptional 3,000 square foot freestanding retail building is ideally situated at the high-traffic intersection of West 8 Mile Road and Lahser Road in Detroit, Michigan. Currently configured as a Metro by T-Mobile, this single-tenant property presents a fantastic opportunity for a variety of retail businesses. The building offers ample parking with 12 spaces readily available for customers and employees. Its strategic location benefits from exceptional visibility and proximity to a robust concentration of national and local retailers, including Sam's Club, Gardner-White, Family Dollar, McDonald's, Dollar Tree, Subway, CVS, and Popeyes. This ensures high foot traffic and strong brand recognition potential for the new tenant. The entire 3,000 square feet is currently vacant and ready for immediate occupancy. The property is located in Wayne County and offers a turnkey solution for businesses seeking a well-established and highly visible location in a thriving commercial area. This is an excellent opportunity to establish or expand your retail presence in a prime Detroit market. Contact us today to schedule a showing.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
), 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)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), 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)…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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