Family Dollar | 2322 W Grand Blvd
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Family Dollar 2322 W Grand Blvd
10,911 SF Retail Building Detroit, MI 48208 $1,511,017 CAD ($138 CAD/SF) 8% Cap Rate
Investment Highlights
- Long-Term Commitment to the Site | Family Dollar Has Operated at This Location Since 2004 and Has Executed Three Extensions at This Location
- Located Within 1 Mile of 2+ Million SF Henry Ford Hospital & Brand New Henry Ford Cancer Institute
- New Center is Host to Shinola Headquarters, College for Creative Studies, Fisher Theater, and over 2 Million SF of Office, Residential, and Retail
- Over 5 Years Remaining in the Term with (6) Five-Year Options Available
- Located Within 1.5 Miles of the Multibillion Dollar Development Including the Henry Ford Health Detroit's $2 Billion Campus Expansion
- Located Within 1 Mile of Interstate-94 & Interstate-96; Within 1.5 Miles of M-10 Lodge Freeway 19 Major Developments Planned Along W Grand Blvd
Executive Summary
Long-Term Commitment to the Site | Family Dollar Has Operated at This Location Since 2004 and Has Executed Three Extensions at This Location
Over 5 Years Remaining in the Term with (6) Five-Year Options Available
Located Within 1 Mile of 2+ Million SF Henry Ford Hospital & Brand New Henry Ford Cancer Institute
Located Within 1.5 Miles of the Multibillion Dollar Development Including the Henry Ford Health Detroit's $2 Billion Campus Expansion, Henry Ford Health + Michigan State University Health Sciences Medical Facility, Pistons Apartments, and New Central Utility Plant
New Center is Host to Shinola Headquarters, College for Creative Studies, Fisher Theater, and over 2 Million SF of Office, Residential, and Retail
Located Within 1 Mile of Interstate-94 & Interstate-96; Within 1.5 Miles of M-10 Lodge Freeway 19 Major Developments Planned Along W Grand Blvd
Over 5 Years Remaining in the Term with (6) Five-Year Options Available
Located Within 1 Mile of 2+ Million SF Henry Ford Hospital & Brand New Henry Ford Cancer Institute
Located Within 1.5 Miles of the Multibillion Dollar Development Including the Henry Ford Health Detroit's $2 Billion Campus Expansion, Henry Ford Health + Michigan State University Health Sciences Medical Facility, Pistons Apartments, and New Central Utility Plant
New Center is Host to Shinola Headquarters, College for Creative Studies, Fisher Theater, and over 2 Million SF of Office, Residential, and Retail
Located Within 1 Mile of Interstate-94 & Interstate-96; Within 1.5 Miles of M-10 Lodge Freeway 19 Major Developments Planned Along W Grand Blvd
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,911 SF
Building Class
B
Year Built/Renovated
1950/2011
Price
$1,511,017 CAD
Price Per SF
$138 CAD
Cap Rate
8%
NOI
$120,881 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.69 AC
Zoning
B4
Parking
36 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
123 ft on W Grand Blvd
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 10-0010246 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $290,723 CAD |
PROPERTY TAXES
Parcel Number
10-0010246
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$290,723 CAD
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Family Dollar | 2322 W Grand Blvd
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