13403 W 7 Mile Road, Detroit, MI 48235

• 6,200 sqft

Property Description

Excellent investment or owner-user opportunity offering multiple income streams with upside. The property is anchored by Bank of America, which recently renewed its lease for another 60 months, with approximately 65 months remaining plus renewal options, and has occupied the location for over 10 years. The on-site ATM generates approximately $36,000 annually. The Pharmacy, a strong and thriving tenant in place for nearly 12 years, is secured under a 72-month lease plus options and produces approximately $60,000 in annual rent, with 6% escalations after the current term. The property also features a fully built-out ~4,000 SF clinic space that is currently vacant, creating an ideal opportunity for an owner-user looking to operate a clinic or for an investor to lease the space. This suite represents approximately $72,000 per year in potential income, bringing total projected income to $168,000 annually, while current in-place income totals $96,000 annually.

Listing Status:

Active

Date Added:

February 3, 2026

Data Last Updated:

July 7, 2026 at 5:45AM

Listing Office:

Keller Williams Legacy : 313-752-0000

Listing Agent:

Nick Jaafar : 313-228-3777

MLS ID:

60967450

Construction

• General: Slab

Location

• Road/Access: Paved
• Originating MLS: MiRealSource
• County: Wayne

Lot

• Zoning: S SEVEN MILE W 22 THRU 12 BLACKSTONE PARK SUB L45 P51 PLATSW C R 22/286 236 X 100

Utilities

• Water: Public

Financial

• Source: MiRealSource