- For Sale $1,550,000
- Property Type Retail - Strip
- Property Size 7,250 SF
- Units 5
- Lot Size 0.48 Acre
- Property Tenancy Multi-Tenant
- Year Built 2005
- Date Updated May 15, 2026
Description
.This prime 7,250 SF retail property is a compelling investment opportunity. Built in 2005 and boasting 100% occupancy, it consists of 5 units that offer a steady income stream. The property's location on West 7 Mile Road ensures high visibility, with over 20,300 vehicles passing daily. With quick access to major freeways, bus routes, and essential amenities, this property is strategically positioned for success.
Highlights
- ATI Physical Therapy Recently Executed a 10-Year Lease Extension with 2% Annual Increases
- ATI Physical Therapy Has a Long-Term Commitment to the Site and Has Been at the Center Since 2006
- Brand New Roof Installed in 2023 with a 20-Year Warranty
- Fully-Occupied Multi-Tenant Retail Center With a Strong Mix of Local Service-Based Tenants
- Situated Along West 7 Mile Road Which Has Daily Traffic Counts Exceeding 20,300 Vehicles
- Strategically Positioned Within Close Proximity to Major Freeways
- Strong 1, 3, and 5-Mile Demographics | Population Exceeds 186,200 Within a 3-Mile Radius and Population Exceeds 464,700 Within a 5-Mile Radius
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Contacts
Ryan Vinco
Encore Real Estate Investment Services
Location
Located at 10600-10636 W 7 Mile Rd, Detroit, MI 48221, this property is part of the Pembroke neighborhood and Detroit market.
Contact Listing Broker
Ryan Vinco
Encore Real Estate Investment Services
