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7400 W McNichols 7400 W McNichols Rd
6,992 SF of Retail Space Available in Detroit, MI 48221
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,992 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $10,488 /MO $125,856 /YR | Triple Net (NNN) |
1st Floor
Seize the opportunity to lease a stunning 6,900 SF commercial space in the heart of Detroit’s thriving Livernois and McNichols area. This beautifully rehabbed property offers a fully built-out bar, complete with tap plumbing, perfect for a restaurant, bar, or entertainment concept. A bonus mezzanine level offers a bird’s-eye view of the entire space, enhancing functionality and adding charm to your operations. Overlooking the corridor through wraparound windows, it creates a striking and versatile feature for any setting. This newly renovated gem boasts unique architectural features, ample space, and endless potential for the right tenant. Situated in a high-traffic area, this location is ideal for a business looking to make its mark in a rapidly growing neighborhood. The ceiling is equipped with K-13 foam, a spray-applied thermal and acoustical insulation that effectively dampens noise, eliminating the need for additional barriers or materials. The space holds a Cabaret "A" license, allowing tenants to provide entertainment without additional licensing hurdles. The kitchen is fully equipped with grease traps and pre-installed roof units, simplifying setup for food service operations. The venue is secured with an ADT alarm system and a comprehensive fire suppression system provided by Johnson Controls. Unique Artistic Appeal: The space boasts a stunning mural of Aaliyah created by Dr. Hubert Massey, a world-renowned artist, adding a distinctive and memorable touch.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Space is in Excellent Condition
- Central Air Conditioning
- Security System
- Corner Space
- High Ceilings
- Exposed Ceiling
- Ventilation - Venting
- Smoke Detector
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 7400 W McNichols Rd , Detroit, MI 48221
| Property Type | Retail | Gross Leasable Area | 7,686 SF |
| Property Subtype | Bar | Year Built/Renovated | 1966/2020 |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 7,686 SF |
| Year Built/Renovated | 1966/2020 |
About the Property
The Livernois and McNichols area in Detroit, a key hub within the city’s thriving Livernois Corridor, is experiencing significant growth and revitalization. Known for its historic charm and cultural vibrancy, this neighborhood is attracting new investments and developments. Recent plans include modern multifamily housing projects that aim to meet the increasing demand for quality residences, as well as the addition of First Merchants Bank, which will enhance access to financial services for residents and businesses. With its mix of community-focused initiatives and economic development, the Livernois and McNichols area is quickly becoming a sought-after destination for living, working, and investing in Detroit.
- Corner Lot
- Mezzanine
- Air Conditioning
- Smoke Detector
-
Kishon Harbert -
Ryan Vinco -
Power Broker Deno Bistolarides -
Encore Real Estate Investment Services
Presented by
7400 W McNichols | 7400 W McNichols Rd
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