Detroit Retail real estate sales & leases

6 retail deals (5 sales, 1 lease) in Detroit, all weeks, newest first.

Grand Rapids & West Michigan 3, Lansing & Mid-Michigan 1, Northern & Central Michigan 1, Oakland County (Southfield / Auburn Hills) 1

Deal type

Asset classSub-market

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Oct 9
Five-property dental portfolio: Lansing, Charlotte, Adrian, Saint Joseph and one other (sale-leaseback)
Buyer Not named in the report

Lansing & Mid-MichiganSaleRetail35,212 SF across five properties$9.2MSource
Oct 8
Four net-leased Dollar General stores in Gaylord, Reed City, Honor and Vermontville
Buyer Not named in the report

Northern & Central MichiganSaleRetailFour newly built stores$8.3MSource
Oct 5
Newly built convenience store and gas station, Detroit area
Buyer a private investor, seller Not disclosed

Oakland County (Southfield / Auburn Hills)SaleRetailNot disclosedNot disclosedSource
Oct 5
Christian Brothers Automotive property, Grand Rapids (built 2021)
Buyer a private Illinois investor, seller Not disclosed

Grand Rapids & West MichiganSaleRetail5,810 SF$3.2MSource
Sep 29
RiverTown Crossings, Grandville (1.3M SF mall; 11 new tenants incl. JD Sports, Summit Comics and Games)
Tenant Not disclosed, landlord Not disclosed

Grand Rapids & West MichiganLeaseRetail33,208 SF across 11 leasesNot disclosedSource
Sep 29
West Michigan shopping center with Starbucks and medical tenants
Buyer Not named in the report

Grand Rapids & West MichiganSaleRetailNot disclosed$4MSource