- For Sale $1,795,000
- Property Type Other
- Property Size 5,184 SF
- Lot Size 1.2 SF
- Year Built 2004
- Date Updated Oct 30, 2026
Description
Marathon Service Station & C-Store ground lease at 14845 Mack Avenue, Detroit, MI. Built in 2004 and situated on 1.20 acres, the property features a 5,184 SF building and operates under a long-term ground lease structure. The tenant recently extended the lease through 2034, providing investors with secure, predictable income and minimal landlord responsibilities. With a NOI of $107,641 and a 6.00% cap rate, this asset offers both stability and upside in a high-traffic Detroit corridor directly across from Mack Alter Square shopping center
Available
False
Contacts
Simon Jonna
Location
Located at 14845 Mack Avenue, Detroit, MI 48215, this property is part of the Chandler Park neighborhood and Detroit market.
Contact Listing Broker
Simon Jonna
