For Sale | Redevelopment Opportunity — Sale in Detroit, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Detroit, MI 48226
  • Size: 80,132 SF

Description

Retail | Building Size: 80,132 SF | Land Area: 0.40 ac

Market Context

This retail in Detroit, MI is listed for sale across 80,132 SF. It has been on the market for 176 days. Compare it against other retail listings for sale in Detroit, MI — view the full market.

As of Q1 2026, the Detroit retail market showed average asking rents near $17.00/SF/yr, rents up 1.3% year over year, and cap rates around 7.7%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Detroit?
About 7.7% as of Q1 2026, per multiple brokerage reports.

Contact

Explore this market

Similar Retail Business for Sale in Detroit, MI