Barrel House

Overview

Fortis Net Lease is pleased to present the opportunity to acquire the single-tenant net leased Barrel House property located at 22740 Woodward Avenue in Ferndale. The property is positioned along the highly trafficked Woodward Avenue corridor, one of Metro Detroit’s most recognized commercial thoroughfares, offering excellent visibility and accessibility. The approximately 3,100-square-foot building is leased on a NNN basis, minimizing landlord responsibilities while providing investors with a stable retail asset in one of Southeast Michigan’s most active suburban markets. The offering is available at an asking price of $1,100,000 and benefits from strong surrounding demographics and consistent consumer traffic throughout the area.Strategically located just minutes from downtown Detroit, the property is surrounded by a dense mix of national retailers, local businesses, restaurants, and residential neighborhoods that continue to support Ferndale’s strong economic growth. The tenant benefits from the area’s vibrant dining and entertainment environment, as well as direct frontage along Woodward Avenue, which serves as a major regional connector throughout Metro Detroit. Additionally, the lease structure includes two 5-year renewal options, providing future operational flexibility and long-term stability for both tenant and ownership.