8601 Telegraph Rd Dearborn Heights, MI 48127-1425
This exceptional opportunity presents 13,239 square feet of vacant space for lease within the Tel-Joy Shopping Center, a thriving retail hub strategically located at the high-traffic intersection of Telegraph and Joy Roads in Wayne County. The property is zoned C-1, Neighborhood Business District, offering versatile usage options. The building features a mix of former medical, office, and retail spaces, ideal for a variety of businesses seeking a prominent location. Units are available in sizes ranging from a minimum of 1,255 square feet to a maximum contiguous space of 5,000 square feet, allowing for flexibility to accommodate diverse business needs. Multiple tenancy is possible, making it suitable for both single-occupancy and multi-tenant configurations. This prime location ensures high visibility and accessibility, attracting a substantial customer base of both local residents and visitors. The property's convenient location within a bustling retail area provides ample opportunities for businesses to thrive and establish a strong presence in the community. The available space presents a unique chance to secure a well-positioned commercial property in a high-demand area. Interested parties are encouraged to inquire about lease terms and availability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.