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1040 W 9 Mile Rd
Ferndale, MI 48220

$1,050,000 USD

Convenience Store For Sale  •  2,580 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 2,580 SF
  • Lot Size 0.37 AC
  • Building Class B
  • Year Built 1978
  • Tenancy Single
  • Zoning BI
0 Transit Score
86 Walk Score

Highlights

Huge Increase Rent Potential at Renewal Options with no cap on CPI
Absolute NNN Lease w/ no Landlord Obligations
Investment Credit Corporate Guarantee by 7-Eleven holding an “A” Credit Rating with a $29 Billion Market Cap
Low occupancy Cost & Low Rent to Sales Ratio
Traffic Counts Exceed 36,000+ Cars Per Day & Located at Signalized Intersection of W 9 Mile Road & Pinecrest Road
Downtown Ferndale Street Neighborhood Retail Location w/ Over 360,000+ Population in a 5 Mile Radius

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Royal Oak Amtrak (Wolverine - Amtrak) 7 min - 2.6 mi
Troy Amtrak Station (Wolverine - Amtrak) 16 min - 7.5 mi
AirportDriveWalkDistance
Windsor International 41 min - 21.9 mi
Detroit Metro Wayne County 45 min - 27.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services