Contacts

Noah Dalaly

Encore Real Estate Investment Services

Property Details

Property Type Retail - Street Retail
Property Size 5,200 SF
Units 2
Lot Size 0.27 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1997
Year Renovated 2016
Date Updated May 18, 2024

.Below Market Rent: Both tenants are paying below market rent, current market rent is $16.14/SF. Location: Right outside of downtown Wyandotte and across the street from the local high-school, the property is situated within walking distance from various restaurants, community venues and multiple medical establishments, including Henry Ford Hospital. New Roof & Structure: Recently re-sealed the roof and entire building renovated in 2016. Parking lot resurfaced in 2021. Rent Increases: Annual increases throughout base term and options of Wyandotte Pharmacy lease. Traffic Counts: Exceed 20,000+ Cars Daily on Eureka Rd. Service Based Tenants: Both tenants are service based in the medical sector

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Highlights

Below Market Rent: Both tenants are paying below market rent, current market rent is $16.14/SF.
Location: Right outside of downtown Wyandotte and across the street from the local high-school, the property is situated within walking distance from various restaurants, community venues and multiple medical establishments, including Henry Ford Hospital.
New Roof & Structure: Recently re-sealed the roof and entire building renovated in 2016. Parking lot resurfaced in 2021.
Rent Increases: Annual increases throughout base term and options of Wyandotte Pharmacy lease.
Traffic Counts: Exceed 20,000+ Cars Daily on Eureka Rd.
Service Based Tenants: Both tenants are service based in the medical sector

Getting around

90/100
Walk Score ®
56/100
Bike Score ®

Powered by Walk Score ®

City Wyandotte, MI
Zip Code 48192
Market Detroit

Points of Interest

Walnut Grove Station

8.23 miles
Firestone Station

8.29 miles
Smith's Creek Depot Station

8.38 miles
Dearborn

8.52 miles

Mobil

0.08 miles
Citgo

0.66 miles
WOW!

1.01 miles
Sunoco

1.40 miles
RP Fuel

1.63 miles
Meijer

1.77 miles
Kroger

1.92 miles
BP

2.02 miles
eVgo

5.53 miles
Rhombus Energy Solutions

7.68 miles

Wyandotte Parking Lot 7

0.14 miles
Wyandotte Parking Lot 8

0.19 miles
Wyandotte Parking Lot 9

0.23 miles
Main Lot

0.23 miles
Wyandotte Parking Lot 6

0.24 miles
Wyandotte Parking Lot 4

0.26 miles
Wyandotte Parking Lot 5

0.27 miles
Wyandotte Parking Lot 10

0.29 miles
Student Lot

0.31 miles
Wyandotte Parking Lot 3

0.31 miles

Subway

0.07 miles
Lucky Dragon

0.08 miles
Dunkin'

0.12 miles
Big Boy

0.13 miles
Wing Fellas (Coming Soon)

0.14 miles
McDonald's

0.19 miles
Coastal Thai

0.20 miles
Taco Bros.

0.21 miles
H2O Seafood

0.22 miles
Frank's Restaurant & Pizzeria

0.24 miles

Wyandotte Plaza

0.06 miles
Roosevelt Plaza

0.10 miles
Jerry's Food Market

0.74 miles
Falcon Plaza

1.31 miles
ALDI

1.32 miles
Fort-Grove Shopping Center

1.34 miles
Meijer

1.67 miles
Shopper's Valley Supermarket

1.87 miles
Kroger Marketplace

1.88 miles
HomeBuys

2.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.