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3850 Monroe St
Dearborn, MI 48124

$1,818,000 USD

Convenience Store For Sale  •  2,940 SF

Property Details

• Property Type Convenience Store
• Total Building Size 2,940 SF
• Lot Size 0.48 AC
• Building Class C
• Year Built 2000
• Cap Rate 5.50 %
• Tenancy Single
• Zoning C1, Dearborn

0 Transit Score

66 Walk Score

Highlights

Proven Location: 7-Eleven has successfully operated at this location for 25+ years

Absolute NNN Ground Lease: Offering zero landlord responsibilities

Hedge Against Inflation: 10% rental increases every 5 years

Recent 10-Years Lease Extension: 7-Eleven just renewed for another 10 years, showing a strong commitment to this location

Hard Corner: Positioned at the corner of Monroes St and Dartmouth St. – a primary local arterial with strong vehicle exposure

Major MSA Market: Detroit-Warren-Dearborn MSA consistently ranks around the 14 th largest MSA in the U.S. by population

Cap Rate:

5.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
7-Eleven

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Detroit Metro Wayne County	21 min	-	10.3 mi
Windsor International	44 min	-	22.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	15
Type:	Surface
Included in Rent:	Yes