1741621
22200 W Grand Riv - Availability Details
22200 W Grand Riv, Detroit, MI 48219
- Retail
Details
- Lease Rate Contact for pricing
- City Detroit
- Neighborhood Redford
- Zip Code 48219
- Market Detroit
- Property Type Retail
- Property Size 9,180 Sqft
- Lot Size 0.9 Acre
- Property Tenancy Single Tenant
- Year Built 2012
- Year Renovated 2020
- Date Updated 23 Oct, 2020
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Description
Marcus & Millichap is pleased to present the exclusive listing for a Family Dollar located at 22200 West Grand River Avenue, Detroit, MI. The property consists of approximately 9,180-SF of building space and is situated on approximately 0.85 +/- acres of land. The Family Dollar opened in 2012 on a 10-year double-net lease (NN). The term of the lease was extended in 2020 by 6-years. There are more than 7-years of term remaining, with current term set to expire on September 30th, 2027.
-7-Years of Term Remaining | Minimal Landlord Responsibilities
-2020 H2 Renovation in Excess of $70,000 | Includes a Dollar Tree Merchandise Section
-Strong Performing Location (Contact Agent for Details.)
-Dense Demographics | 320,000+ Residents with AHHI in Excess of $58,300 within 5-Miles
-2020 Q1 Consolidated Net Sales Increased 8.2% to $6.29B
-2020 Q1 Family Dollar Same Store Sales Increased 15.5%
-Investment Grade Credit Tenant | S&P: BBB- Credit Rating
-Located on the W. Grand River Ave. with Access & Exposure to 23,000+ Cars Per Day
-Located within Proximity to Meijer, Wendy’s, KFC, McDonald’s, and more...
-Family Dollar is an Essential Business Committed to Keeping Stores Open During COVID-19 Pandemic
-Within Proximity to Old Redford Academy Elementary School with 1,200+ Students
-Located within an Opportunity Zone
Top Markets Near Detroit
Leasing Contacts

Darpan Patel
Marcus & Millichap
(513) 878-7723

Sam Elyassaki
Marcus & Millichap
(513) 377-2772