15701 Market Drive

Retail-Commercial for Sale
Catylist Listing ID: 30592845
Building Size (RSF): 73,400 SF
Gross Land Area: 2.22 Acres
Sale Price: $7,900,000
Unit Price: $107.63 PSF
Ceiling: 13 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/16/2020

Overview / Comments

73,400 square feet on two levels, surrounded by numerous national tenants and very well positioned in the shadow of Ford World Headquarters. Located on one of the area’s main east/west thoroughfares and one mile east of the Southfield Freeway (M-39) creating easy access for surrounding communities. Ideal for retail, office, medical, fitness, etc.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $146,542 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Dearborn
Tax ID/APN: 32-09-132-01-123
Zoning: BB
Property Located Between: Ford Rd.
Traffic/Vehicle Count: 63,965
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 1997
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Brick/Block
Total Parking Spaces: 225
Sprinklers: Other
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,335 163,196 453,075
Median Age: 27.05 31.64 34.4
Households: 8,127 55,925 165,286
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