Shopping Strip
New First Watch & Aspen Dental Strip Center
20310 West Rd, Woodhaven (Detroit MSA), MI 48183
Listing Price: $9,286,000
Cap Rate
7.10%
Gross SF
17,343
Rentable SF
17,343
Price/Gross SF
$535.43
Lot Size
0.40 acres
Year Built
2021
Investment Overview
Marcus & Millichap is pleased to present Woodhaven Marketplace in Woodhaven (Detroit), MI.
New First Watch & Aspen Dental Strip Center
Investment Highlights
- 100% Occupied by Seven Tenants Across Three Buildings
- Anchored by First Watch, Aspen Dental, Citizens Bank, and SVS Vision with Corporate Leases
- All Tenants Operate Under 7-10 Year Leases with Rental Increases
- High-Performing Citizens Bank Branch with Deposits Exceeding $157 Million
- Brand New High-Quality Construction with Two Drive-Thru Windows
- Serving Over 335,000 Residents in Dense Regional Trade Area
- Affluent South Detroit Suburb, Average Household Income Exceeds $98,000 within 1, 3, and 5 Miles
- Outparcel to High-Performing Meijer and Adjacent to Walmart, Target, Home Depot, Lowe's, Kohl's, and LA Fitness Anchored Centers
Shopping Strip
New First Watch & Aspen Dental Strip Center
Listing Price: $9,286,000
Cap Rate
7.10%
Gross SF
17,343
Rentable SF
17,343
Price/Gross SF
$535.43
Lot Size
0.40 acres
Year Built
2021
Investment Highlights
- 100% Occupied by Seven Tenants Across Three Buildings
- Anchored by First Watch, Aspen Dental, Citizens Bank, and SVS Vision with Corporate Leases
- All Tenants Operate Under 7-10 Year Leases with Rental Increases
- High-Performing Citizens Bank Branch with Deposits Exceeding $157 Million
- Brand New High-Quality Construction with Two Drive-Thru Windows
- Serving Over 335,000 Residents in Dense Regional Trade Area
- Affluent South Detroit Suburb, Average Household Income Exceeds $98,000 within 1, 3, and 5 Miles
- Outparcel to High-Performing Meijer and Adjacent to Walmart, Target, Home Depot, Lowe's, Kohl's, and LA Fitness Anchored Centers
Investment Overview
Marcus & Millichap is pleased to present Woodhaven Marketplace in Woodhaven (Detroit), MI.
