Home › NNN Properties For Sale › Michigan › Wayne County
41 NNN properties are observed for sale in Wayne County, Michigan across 32 tenants and 18 towns as of November 9, 2026, at a median asking cap rate of 7.00%, 24 basis points above the Michigan median of 6.76%. Investment Grade Research tracks each one across publicly marketed offerings and broker materials, places each listing in its county from its mapped location, checks rated tenants against the investment grade threshold, and publishes the observations here: which tenants and towns carry the inventory, what it is asking, how Wayne County prices against Michigan and the national market, and how an acquisition or 1031 exchange buyer should work through it.
Asking cap rates in Wayne County run from 5.25% to 9.00%, with the middle half of listings between 6.50% and 7.80%. Median asking price $1.64M (median $268 per SF). Average remaining lease term 7.2 years among 13 listings that state a term. 1 listing reports a 2026 build year. 19 listings were first observed and 12 dropped off active tracking in the last 90 days. Figures update automatically across publicly marketed offerings and broker materials.
Wayne County vs Michigan and the National NNN Market
| Measure | Wayne County | Michigan | United States |
|---|---|---|---|
| Observed listings | 41 | 268 | 7,398 |
| Median asking cap rate | 7.00% | 6.76% | 6.35% |
| Middle half of asking cap rates | 6.50% to 7.80% | 6.50% to 7.64% | 5.70% to 7.15% |
| Median asking price | $1.64M | $1.81M | $2.77M |
| Average remaining lease term (listings stating a term) | 7.2 yrs | 8.3 yrs | 10.1 yrs |
| Listings with an investment grade rated tenant brand or parent company | 20% | 20% | 25% |
All three columns use the same listing rules. A county median reflects both location and which tenants are on the market, so compare any listing with its tenant’s cap rate range before reading a gap as a discount or a premium.
NNN Properties For Sale in Wayne County: Latest Listings
Up to twenty-four single-tenant net lease properties in Wayne County with published pricing, the newest from each tenant first. Below the table, the full listing browser carries every observed Wayne County listing with tenant, town, cap rate, price and term filters. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.
| Tenant | Town | Asking Price | Cap Rate | NOI | Term Left | Built | Lease | |
|---|---|---|---|---|---|---|---|---|
| Dollar Tree | Redford | $1,300,837 | 8.00% | $104,067 | n/a | 2016 | Not stated | Get full property data |
| Wendy's | Wayne | $1,894,523 | 6.50% | $123,144 | n/a | 1980 | Not stated | Get full property data |
| 7-Eleven | Plymouth | $5,496,790 | 5.35% | $294,078 | n/a | 2007 | Not stated | Get full property data |
| KFC | Allen Park | $960,000 | 7.50% | $72,000 | n/a | 1974 | Not stated | Get full property data |
| Cloud Cannabis | Detroit | $4,017,000 | 8.00% | $321,360 | n/a | 1995 | Not stated | Get full property data |
| Advance Auto Parts | Southgate | $1,638,000 | 7.50% | $122,850 | n/a | 2009 | Not stated | Get full property data |
| Trinity Health | Livonia | $27,014,171 | 7.00% | $1,890,992 | n/a | 1999 | Not stated | Get full property data |
| Sonic Drive-In | Livonia | $1,640,142 | 7.00% | $114,810 | n/a | 2018 | Not stated | Get full property data |
| Walgreens | Wayne | $1,765,000 | 8.50% | $150,000 | n/a | 1998 | Not stated | Get full property data |
| Goodyear | Belleville | $3,081,828 | 7.25% | $223,433 | n/a | 1988 | Not stated | Get full property data |
| Meijer | Livonia | $12,500,000 | 5.40% | $675,000 | n/a | n/a | Not stated | Get full property data |
| PNC Bank | Trenton | $1,334,880 | 6.25% | $83,430 | n/a | 2002 | Not stated | Get full property data |
| Ferguson | Redford | $1,357,000 | 6.50% | $88,200 | n/a | 1960 | Not stated | Get full property data |
| Fresh Thyme Market | Canton | $8,924,000 | 7.75% | $691,600 | n/a | 2017 | Not stated | Get full property data |
| Dollar General | Detroit | $1,085,000 | 8.75% | $94,985 | 6.5 yrs | 2014 | NN | Get full property data |
| Benihana | Dearborn | $5,255,000 | 8.25% | $433,563 | 9.4 yrs | 2009 | Absolute NNN | Get full property data |
| O'Reilly Auto Parts | Detroit | $2,104,000 | 6.85% | $144,140 | 4.3 yrs | 2003 | NN | Get full property data |
| Concentra | Livonia | $4,992,410 | 6.25% | $312,026 | n/a | 1985 | Not stated | Get full property data |
| Burger King | Taylor | $1,048,214 | 7.00% | $73,375 | n/a | 1988 | NNN | Get full property data |
| CAVA Mezze Grille | Livonia | $3,826,087 | 5.75% | $220,000 | 15.0 yrs | 2026 | Gross | Get full property data |
| Krispy Kreme | Allen Park | $2,275,000 | 5.25% | $119,381 | 2.3 yrs | n/a | Absolute NNN | Get full property data |
| Savvy Sliders | Detroit | $985,000 | 6.70% | n/a | n/a | n/a | Not stated | Get full property data |
| Red Lobster | Westland | $3,975,000 | 7.15% | $284,163 | 13.0 yrs | 1974 | Absolute NNN | Get full property data |
| Shake Shack | Livonia | $4,030,000 | 6.00% | $242,000 | n/a | 2022 | Not stated | Get full property data |
Showing 24 of 41 observed Wayne County listings: the newest from each tenant first, then each tenant’s next newest. Listings without a published asking price and cap rate are not shown here.
Market observations aggregated from publicly marketed offerings and broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the offering party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.
Wayne County NNN Properties by Tenant
Listing count, median asking cap rate and cap range by tenant. Tenants with a linked page have a profile covering credit rating status, cap rates and inventory.
| Tenant | Listings | Median Cap | Cap Range | Median Price | |
|---|---|---|---|---|---|
| Dollar Tree | 3 | 8.00% | 7.80% to 9.00% | $1.33M | Dollar Tree NNN for sale |
| Advance Auto Parts | 2 | 7.75% | 7.50% to 8.00% | $1.65M | Advance Auto Parts NNN for sale |
| Dollar General | 2 | 7.88% | 7.01% to 8.75% | $1.59M | Dollar General NNN for sale |
| KFC | 2 | 6.75% | 6.00% to 7.50% | $1.69M | |
| Savvy Sliders | 2 | 6.95% | 6.70% to 7.20% | $0.90M | |
| Walgreens | 2 | 7.75% | 7.00% to 8.50% | $1.36M | Walgreens NNN for sale |
| 7-Eleven | 1 | n/a | 5.35% | $5.50M | 7-Eleven NNN for sale |
| Benihana | 1 | n/a | 8.25% | $5.26M | |
| Bethlehem Lutheran School | 1 | n/a | n/a | $0.98M | |
| Burger King | 1 | n/a | 7.00% | $1.05M | Burger King NNN for sale |
| Carrabba's Italian Grill | 1 | n/a | 6.65% | $3.49M | Carrabba's Italian Grill NNN for sale |
| CAVA Mezze Grille | 1 | n/a | 5.75% | $3.83M | |
| Cloud Cannabis | 1 | n/a | 8.00% | $4.02M | |
| Concentra | 1 | n/a | 6.25% | $4.99M | Concentra NNN for sale |
| Ferguson | 1 | n/a | 6.50% | $1.36M | |
| Fresh Thyme Market | 1 | n/a | 7.75% | $8.92M | |
| Goodyear | 1 | n/a | 7.25% | $3.08M | Goodyear NNN for sale |
| Kohl's | 1 | n/a | 8.11% | $14.00M | Kohl's NNN for sale |
| Krispy Kreme | 1 | n/a | 5.25% | $2.28M | |
| Meijer | 1 | n/a | 5.40% | $12.50M | |
| Metro by T-Mobile | 1 | n/a | n/a | $0.35M | |
| O'Reilly Auto Parts | 1 | n/a | 6.85% | $2.10M | O'Reilly Auto Parts NNN for sale |
| PNC Bank | 1 | n/a | 6.25% | $1.33M | PNC Bank NNN for sale |
| Puff Cannabis | 1 | n/a | n/a | $0.50M | |
| Red Lobster | 1 | n/a | 7.15% | $3.98M |
Tenants with the most Wayne County listings observed (top 25 of 32).
Tenant Credit in Wayne County
8 of 41 observed Wayne County listings (20%) are leased to tenant brands whose own or parent company’s verified S&P, Moody’s or Fitch rating is investment grade (BBB‑ or Baa3 and above) in the Investment Grade ratings database, compared with 20% across Michigan and 25% nationally. Brands not yet in the ratings database count as not rated, so the share is a floor. A franchised location may be leased to a franchisee rather than the rated company, so confirm the tenant and any guarantee in the lease. Ratings and outlooks by tenant are on the investment grade credit tenant ratings page.
Wayne County NNN Properties by Town
The towns with the most observed Wayne County listings are Detroit (9), Livonia (7) and Redford (4). Tap any town in the table to filter the full listing browser to that town.
| Town | Listings | Median Cap | Avg Asking Price |
|---|---|---|---|
| Detroit | 9 | 7.80% | $1.64M |
| Livonia | 7 | 6.13% | $7.90M |
| Redford | 4 | 7.00% | $0.95M |
| Westland | 3 | 7.63% | $6.13M |
| Allen Park | 2 | 6.38% | $1.62M |
| Canton | 2 | 7.20% | $6.21M |
| Lincoln Park | 2 | n/a | $0.96M |
| Wayne | 2 | 7.50% | $1.83M |
| Belleville | 1 | n/a | $3.08M |
| Dearborn | 1 | n/a | $5.26M |
| Hamtramck | 1 | n/a | $2.10M |
| Melvindale | 1 | n/a | $0.82M |
| Plymouth | 1 | n/a | $5.50M |
| River Rouge | 1 | n/a | $0.50M |
| Romulus | 1 | n/a | $1.20M |
| Southgate | 1 | n/a | $1.64M |
| Taylor | 1 | n/a | $1.05M |
| Trenton | 1 | n/a | $1.33M |
Towns as named in each listing (all 18).
Wayne County Economy at a Glance
| Measure | Value | Period | Source |
|---|---|---|---|
| Resident population | 1,769,038 (−1.2% since 2020) | 2025 | FRED MIWAYN3POP, U.S. Census Bureau |
| Unemployment rate (not seasonally adjusted) | 6.7% | September 2026 | FRED MIWAYN3URN, U.S. Bureau of Labor Statistics |
| Per capita personal income | $55,715 | 2024 | FRED PCPI26163, U.S. Bureau of Economic Analysis |
Latest published figures from FRED, Federal Reserve Bank of St. Louis, with the original publisher named. Each figure shows its own period and refreshes automatically when a new period is published.
NNN Properties in Counties Bordering Wayne County
- NNN properties for sale in Oakland County, Michigan (22 listings)
- NNN properties for sale in Macomb County, Michigan (18 listings)
- NNN properties for sale in Washtenaw County, Michigan (4 listings)
- NNN properties for sale in Monroe County, Michigan (3 listings)
Counties that share a land border with Wayne County, by observed listings with a confirmed county. Bordering counties with no observed listings are not shown, and counties without their own page yet are listed for reference.
How These Figures Are Calculated
Figures cover single-tenant net lease properties observed for sale in Wayne County, Michigan across publicly marketed offerings and broker materials, and refresh automatically with each Investment Grade Research update. Each listing is placed in its county from its mapped location using U.S. Census Bureau county boundaries and, where possible, confirmed against its street address through the Census Bureau geocoder or the county named in the listing; a listing whose county cannot be confirmed is left off this page but stays on the Michigan page. A listing counts while it is actively marketed; listings marked under contract, pending, on hold or closed are excluded, as are listings priced under $150,000. Medians use published asking prices and published cap rates; listings without a published cap rate are left out of cap rate figures. These figures describe what sellers are asking, not closed sale prices, and an auction listing may show its starting bid as the asking price. The Michigan and national comparisons use the same rules. Tenant credit uses verified ratings in the Investment Grade ratings database.
Frequently Asked Questions: NNN Properties For Sale in Wayne County
How many NNN properties are for sale in Wayne County, Michigan?
As of November 9, 2026, 41 single-tenant net lease properties are observed for sale in Wayne County across 32 tenants and 18 towns. The count updates automatically as listings are added and withdrawn.
What cap rates are Wayne County NNN properties asking?
The median asking cap rate is 7.00%, with the middle half of listings between 6.50% and 7.80%. Asking cap rates describe what sellers are asking, not closed sale prices.
How does Wayne County compare with the rest of Michigan?
The Wayne County median asking cap rate of 7.00% sits 24 basis points above the Michigan median of 6.76%. A county median reflects both location and which tenants are on the market, so compare a listing with its tenant’s cap rate range before reading the gap as a discount or a premium.
Which tenants have the most Wayne County NNN listings?
The tenants with the most observed listings are Dollar Tree (3), then several tenants tied at 2 listings each.
Which towns in Wayne County have the most NNN listings?
The towns with the most observed listings are Detroit (9), Livonia (7) and Redford (4). Tap a town in the town table to filter the listing browser.
More NNN Markets
- NNN properties for sale in Michigan, with Michigan transfer and property tax notes
- All NNN properties for sale by tenant
- 1031 exchange rules and replacement property strategy
- What a cap rate is and how to read one
Buying With 1031 Exchange Proceeds?
Compare this inventory with all 7,398 NNN properties observed for sale nationally on the 1031 exchange properties page, sorted by price band, tenant credit, remaining lease term and state. Then check your 1031 exchange deadlines: 45 days to identify replacement property and 180 days to close, or your tax return due date (including extensions) if that comes first (IRC 1031(a)(3); Treas. Reg. 1.1031(k)-1(b)(2)). General information, not tax or legal advice.
