18430 Fenkell AveDetroit, MI 48223

Property Details for 18430 Fenkell Ave

Year built

2006

Lot size

1.50 AC

Property size (Sq ft)

14,564 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional 14,564 square foot retail property, formerly a Rite Aid, presents a unique investment or leasing opportunity in Detroit, Michigan. Located at 18430 Fenkell Ave, in the bustling Rosedale Park neighborhood, this single-tenant building sits on a 1.5-acre lot and boasts 62 parking spaces. Built in 2006, the property features a convenient drive-thru and is zoned B4. The large interior offers adaptable layout options, making it suitable for a variety of retail uses. This well-maintained building benefits from a high-traffic location at the intersection of Grand River and Fenkell Avenues, within a densely populated area. The surrounding area includes a mix of established businesses such as Rent-a-Center, McDonald's, Dollar General, Little Caesars Pizza, CVS, KFC, and Wendy's, indicating strong retail viability. Demographic data reveals a population exceeding 443,000 within a 5-mile radius, with an average household income exceeding $61,397 within 1 mile. The property's parcel number is 22-00-723-30-01A. This is a prime opportunity to acquire a substantial retail space in a thriving Detroit neighborhood. The property is currently vacant and available for immediate lease or purchase. The lease type is Net.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4012

Longitude

-83.2229

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