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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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22200 Grand River Ave , Detroit, MI 48219
$1,565,000
Est. Payment: $3,477.78/mo
0 Bed
0 Bath
9476 Sqft
Status: Active | Days on site: 134
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391990 - 392741
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

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).
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Highlights

Listed by Emil Cherkasov , 248-894-3604 Forward Commercial Group , 248-662-5066.

Property Type

Commercial Sale
Lot/Acreage
0.9

Year Built

2012

County

Wayne

 School District

Detroit

Listing ID

20261031596

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$3,478
Taxes
$1,546

Home Price

$1,565,000

Loan Details

30 yrs
%

Down Payment

20%
$313,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,477.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,477.78 $1,545.67 $0.00 $5,023.44
Yearly $41,733.33 $18,548.00 $0.00 $60,281.33
Total $1,252,000.00 $556,440.00 $0.00 $1,808,440.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.