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FAMILY DOLLARAvailable Space

3911 Joy Rd, Detroit, Michigan 48206

3911 Joy Rd space for

Last Updated: 10/25/2019
Property Type:Building
Listing Type:Sale
Size:9,180 SF
Price:$937,500.00
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3911 Joy Rd - Image 1

Listing Overview

Listing Description

Strong Demographics – 1 mile radius has a population of +23,000 and 5 mile radius of +400,000 | Detroit, MI – Largest and most populous city in the state of Michigan and the 23rd most populous city in the U.S. | Joy Rd – is located just a half-mile off Interstate 96 that averages +114,000 VPD | NN Lease – Tenant is responsible for Taxes and Insurance | Early exercised option – Family Dollar recently extended a 5-year options early giving the Landlord 7 years of true term | Three, 5-year options | Family Dollar intends to finish its H2 renovations between 12/31/2019-12/31/2020 | Strong Lease Guarantor – Lease is backed by Family Dollar Stores of Michigan, Inc. | Strong investment-grade credit tenant; (S&P rated BBB-) | Family Dollar was recently acquired by Dollar Tree, Inc. and is now considered to be the nation’s largest “smallbox”discount retailer | Family Dollar & Dollar Tree have more than ±15,000 locations nationwide

Listing Details

Property Type:Building
Listing Type:Sale
Size:9,180 SF
Price:$937,500.00
Floor Number:None

Building Overview

Building Details

Primary Use:
Year Built:2006
Class:
Size:9,180 SF

Location

3911 Joy Rd, Detroit, Michigan 48206

Contact

Cortland Lioi

Associate

cortland.lioi@matthews.com

Direct: 949-945-6007

Listing Inquiry