Cap Rate
5.5%
Tot. SF
2,940
3850 Monroe St, Dearborn, MI, 48124
7-Eleven$1,818,000
Key Information
Lot Size
0.48 Acres
Year Built
2000
Term Remaining
±9.67 YRS
Type
Retail
Highlights
- Proven Location: 7-Eleven has successfully operated at this location for 25+ years
- Absolute NNN Ground Lease: Offering zero landlord responsibilities
- Hedge Against Inflation: 10% rental increases every 5 years
- Recent 10-Years Lease Extension: 7-Eleven just renewed for another 10 years, showing a strong commitment to this location
- Hard Corner: Positioned at the corner of Monroes St and Dartmouth St. – a primary local arterial with strong vehicle exposure
- Major MSA Market: Detroit-Warren-Dearborn MSA consistently ranks around the 14 th largest MSA in the U.S. by population
- Prime Location: Dearborn is one of Michigan’s largest cities by population with a rich multicultural community
- Ample Parking: Multiple access points to increase customer ease and accessibility
- Stable and Recession-Resistant Industry: Provides you with a consistent and reliable income streak
- Open 24/7
Photos
Location
Agents
Broker of Record
Matt Fitzgerald
License # 6505432273 (MI)Matthews Real Estate Investment Services, Inc 1600 West End Ave, Ste. 1500 Nashville, TN 37203