12511 Morang Dr | Detroit, MI 48224
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- LoopNet Team
12511 Morang Dr
Detroit, MI 48224
Family Dollar · Retail Property For Sale
Investment Highlights
- Long-Term Commitment to the Site | Over 17 Years at This Location
- One, 3-Year Option and Five, 5-Year Options Available
- Strategically Located at a Signalized Intersection
- Recently Extended the First Option by Two Years | Five Years Remaining
- 20% Rent Increase in July 2024 | 10% Rent Increase in Each Option Beginning with Second Option
- Excellent Visibility with Frontage on Morang Ave and Kelly Road | Large Pylon Sign Increases Visibility From Intersection
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,500 SF
Building Class
B
Year Built/Renovated
1947/2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.77 AC
Zoning
B-4 - General Business District
Parking
18 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $286,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$286,500
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