Description
4058 West Jefferson Avenue presents a $375,000 single-tenant Domino's Pizza investment in Ecorse. The 1,500 SF freestanding restaurant sits on approximately 0.20 acre, is fully occupied and is marketed at a 6.0% cap rate. Domino's has more than eight years remaining on its lease.
Capital improvements completed in 2025 include a new roof, parking-lot upgrades and replacement of the property's connection to the public sewer. The site is positioned on West Jefferson Avenue north of Outer Drive West within Corridor Core zoning, offering an investor a stabilized restaurant asset with recent property improvements.
Offering Summary
- Asking Price$375,000
- Price PSF$250
- Price/Acre$1,875,000
- Property TypeRetail
- Size1,500 SF
- Occupancy100%
- Properties3
- Built1920
- ParkingSurface
- Total Acres~0.20 ac
Sale Details
- Cap Rate6.0%
- NOI$22,500
Documents
Property Address
4058 West Jefferson Avenue
Ecorse, MI 48229
4050 West Jefferson Avenue
Ecorse, MI 48229
4048 West Jefferson Avenue
Ecorse, MI 48229
Property Details
- Property Type
Retail - Gross Leasable Area
1,500 SF - Occupancy
100% - Frontage (ft)
30 ft - Traffic Count
11,436 AADT - Year Built
1920 - Year Renovated
2025 - Acres
0.07 - Zoning
CC (Corridor Core) - APN
34-006-07-0007-000
Deal Team
Michael Murphy
Vice President
Gerdom Realty & Investment MI RE Lic. 6501389134