Property Back to Results Property

22200 Grand River Ave, Detroit, MI 48219

$1,315,000
9,476
SqFt
Property Back to Results Property
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$1,315,000
List Price
$1,565,000
Contact Us View on Map Refine Search

Property Description

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).

Search All Properties
Request Info Add to Favorites
Property Back to Results Property
Add to Favorites Request Information New Search

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Forward Commercial Group 2486625066

Selling Office: Forward Commercial Group.

IDX provided courtesy of Realcomp II Ltd., via Prime Realty I and . Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.