• Year Built: 1990
13939 Livernois Avenue is aretail property for lease in Detroit, MI.
Single tenant net net net leased building on hard corner with traffic light. Tenant has been in place since 1990 and exercised 1st option early (with minor concession. see OM for details). 11 years remaining on primary term with 2 x 5 yr options to renew.
BONUS, extra large lot. Former 6,000 sf auto parts store. May be build-able subject to tenant's approval.
High density Detroit MSA with population of 443,000+ within 5 miles.Detroit is the most populous city in the U.S. state of Michigan, and is the seat of Wayne County, the most populous county in the state and the largest city on the United States-Canada border. It is a primary business, cultural, financial and transportation center in the Metro Detroit area, a region of 5.2 million people, and serves as a major port on the Detroit River connecting the Great Lakes system to the Saint Lawrence Seaway.
Lease recently extended 11 years to expire July 2026 with
2 x 5 year options existing;
From July 2026 rent = $240,000 (5 yrs) July 2031 rent = $265,000 (5 yrs)
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- Patrich Jett, agent and Rofo Pro