Coplin Plaza

13207-13243 E Warren Ave Detroit, MI 48215

FOR SALE
Property Type:
Free Standing Building
Amount:
$750,000
Last Verified:
Sep 21, 2022

Highlights

  • VALUE-ADD MULTI-TENANT RETAIL CENTER
  • PROFORMA REFLECTS 10.66% CAP RATE W/ LEASE UP OF VACANCY
  • CUSTOM BUILT IN 2004 | OVER HALF-ACRE LOT
  • HIGH VISIBILITY & FRONTAGE ON EAST WARREN AVENUE (10,359 VPD)
  • STRONG DEMOS | 274,000 PEOPLE IN 5-MILE RADIUS
  • 102,000+ HOUSEHOLDS WITHIN A 5-MILE RADIUS
  • DETROIT, MICHIGAN | LARGEST CITY IN THE STATE
  • IDEAL LOCATION FOR MANY VARIOUS RETAIL/MEDICAL/OFFICE USERS
  • LOCATED IN DENSE RETAIL TRADE AREA
  • SEVERAL NATIONAL RETAILERS IN THE IMMEDIATE VICINITY INCLUDE WENDY’S, MCDONALD’S, BURGER KING, DOLLAR GENERAL AND MORE.
  • LESS THAN ONE MILE TO INTERSTATE 94 (136,081 VPD)

Description

Value-Add Retail Strip

Value-Add in Detroit, MI


Year Built: 2004
Building Size: 8008sq ft
Lot Size: 0.54 acres

Map of 13207-13243 E Warren Ave , Detroit, MI, 48215

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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