About 22200 Grand River Avenue
Court-Appointed Receivership Sale. Freestanding 9,476 SF single-tenant net-leased (NNN) retail property located in the northwest area of Detroit, near the borders of Southfield and Redford in Wayne County, Michigan. The asset is positioned within a well-established retail corridor. Constructed in 2012, the property is fully leased to Family Dollar under a triple-net (NNN) lease structure with term remaining through September 2027. The tenant is presently operating within its first renewal period. The offering provides in-place cash flow with a clearly defined near-term lease maturity, complemented by multiple remaining renewal options (four 5-year options).
Features of 22200 Grand River Avenue
| MLS® # | 20261031596 |
|---|---|
| Price | $1,565,000 |
| Bathrooms | 0.00 |
| Square Footage | 9,476 |
| Acres | 0.90 |
| Year Built | 2012 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 22200 Grand River Avenue |
|---|---|
| Area | 05032 - Det - 6 To 8, Grnfld To Limits |
| Subdivision | HART BROS |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48219 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Construction | Brick |
|---|---|
| Foundation | Slab |
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Forward Commercial Group |
|---|---|
| Contact Info | emil@forwardcommercial.com |