10501-10545 Joy Rd | Detroit, MI 48204
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10501-10545 Joy Rd
Detroit, MI 48204
Value Add Retail - Joy Village Plaza · Retail Property For Sale
Investment Highlights
- 10501-10545 Joy Road presents the market with an excellent opportunity to acquire a 8,965-square-foot retail building in Detroit, Michigan.
- Value-add opportunity to acquire a 56% leased retail asset with strong leasing momentum.
- Rare signage opportunity in suburban Detroit with visibility to over 7,000 vehicles per day.
- Within a highly connected location just 15 minutes from the heart of Downtown Detroit and five minutes from the heavily utilized Interstate 96.
- Access to robust demographics with a population of over 165,000 people within 3 miles who spent over $1.1 billion in 2023 alone.
PROPERTY FACTS
Sale Condition
Auction Sale
Property Type
Retail
Property Subtype
Storefront
Building Size
8,965 SF
Building Class
B
Year Built/Renovated
2005/2022
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.55 AC
Zoning
Commercial - Commercial
Parking
33 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Monument Signage
- Air Conditioning
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 18-00514-152 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $366,500 |
PROPERTY TAXES
Parcel Number
18-00514-152
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$366,500
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