9,476 sqft

$1,315,000

22200 Grand River Avenue, Detroit MI, 48219

Price per sqft$138.77

Built in2012

Property size9,476 sqft

Property typeCommercial

Overview

Sold

Closed

Listed May 5, 2026

Updated 15h ago

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).

Other Property Details

Taxes: $18,548
Tax Frequency: Annually
55+/Senior Community: No

Courtesy of Forward Commercial Group

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Data last updated 9:24 PM UTC, 10/13/2026