Restaurants /MI /Clinton County /Dewitt /13101 S US Highway 27
Restaurants /MI /Clinton County /Dewitt /13101 S US Highway 27

13101 S US Highway 27 - Restaurant FOR SALE


Dewitt, MI 48820 | 
$2,042,104 USD
517-903-2202
13101 S US Highway 27, Dewitt, MI for Sale
$2,042,104 USD
Restaurant - FOR SALE
1/1
null | 6.75% Cap Rate
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13101 S US Highway 27
Dewitt, MI 48820

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HIGHLIGHTS

  • Freestanding retail building located at the corner of Old U.S. 27 and Commerce Park Drive.
  • Occupied by a triple-net tenant, Bob Evans, with a secure lease term through 2037.
  • Located near a bustling shopping area, including the high-traffic Eastwood Towne Center.
  • Situated less than three miles from Downtown DeWitt, offering easy access to community amenities.

OVERVIEW

The property is an NNN lease with Bob Evans Restaurants, with a lease term extending through April 2037. There are six 5-year renewal options, and it includes an assumable 5% mortgage.

FOR SALE DETAILS

PRICE

$2,042,104 USD

PRICE/SF

$521 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bob Evans Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,000 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joseph AievoliCentury Legend Management Inc.More Info
517-903-2202

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Joseph AievoliCentury Legend Management Inc.More Info
517-903-2202

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

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