1901 King Rd - Convenience Store FOR SALE


Trenton, MI 48183
$701,460 USD
248-702-0288
1901 King Rd, Trenton, MI for Sale
$701,460 USD
Convenience Store - FOR SALE
1/4
null | 5% Cap Rate

1901 King Rd
Trenton, MI 48183


HIGHLIGHTS

  • 2,530 SF Single Tenant 24 Hour 7-Eleven Convenience Store Situated on .46 Acres
  • Absolute "NNN" Net Lease - Zero Landlord Responsibilities
  • Recent Five Year Lease Extension | 7-Eleven Has Operated At Location For Over 54 Years
  • Strong Demographics | 5-MIle Population Exceeds 133,000 & Avg Household Income $94,941
  • High Traffic Volume - Over 13,200 Vehicles Per Day Passing By
  • Corporate Lease Guaranty | 7-Eleven Inc - S&P "A" Rated & Moody's Baa2 (Investment Grade)

OVERVIEW

2,530 SF Single Tenant 24 Hour 7-Eleven Convenience Store Situated on .46 Acres Absolute "NNN" Net Lease - Zero Landlord Responsibilities Recent Five Year Lease Extension | 7-Eleven Has Operated At Location For Over 54 Years Strong Demographics | 5-MIle Population Exceeds 133,000 & Avg Household Income $94,941 High Traffic Volume - Over 13,200 Vehicles Per Day Passing By Corporate Lease Guaranty | 7-Eleven Inc - S&P "A" Rated & Moody's Baa2 (Investment Grade) Trenton Is Known For Its Waterfront & Growing Boating Community & Major Industries Stellantis-Chrysler's Trenton Engine Plant, Solutia & DTE Energy Power Plant

FOR SALE DETAILS

PRICE

$701,460 USD

PRICE/SF

$271 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

B-2

APN/PARCEL ID

54-005-06-0002-000

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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