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For Sale

New Dollar Tree Store Development – Detroit, MI

2545 S Schaefer Hwy
Detroit, Michigan 48217

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For Sale

New Dollar Tree Store Development – Detroit, MI

2545 S Schaefer Hwy
Detroit, Michigan 48217

- Property Information

eCODE 959
County: Wayne
Property Type: Retail
Total Building SF: ± 11,985 SF
Occupancy Rate: 100%
Sale Price: $1,575,000
Sale Price Per SF: $131.41

- Property Details

Occupancy Type: Single Tenant
Year Built: 2017
# Acres: .96
Parking Type: Surface

- Additional Information

  • New Dollar Tree store property – Detroit, Michigan
  • Store opens Labor Day weekend; November 1, 2017 rent commencement
  • 10 year corporate lease + multiple renewal options with escalations
  • Dollar Tree Stores, Inc. (Nasdaq: DLTR) / BB+ credit rating / 20.72 Billion in sales (2016)
  • NNN lease with minimal landlord responsibilities
  • Located just minutes from I-75, Downtown Detroit, and the heart of Ford Motor Co. in Dearborn
  • Very strong dollar store demographics with limited competing retail in the immediate area
  • In-Place NOI: $118,172
  • Asking price: $1,575,000 (7.50% Cap)

- For more information, contact:

Steven Silverman

248.324.2000 Request a call