33030 Northwestern Hwy - Freestanding FOR SALE
West Bloomfield, MI 48322 |
$1,150,000 USD
248-226-1610
33030 Northwestern Hwy
West Bloomfield, MI 48322
HIGHLIGHTS
- 3,500 +/- SF FREESTANDING RETAIL BUILDING | CURRENT TENANT PAYING $48,000 ANNUAL RENT
- TENANT PAYING WELL BELOW MARKET RENT AT $12 PSF | MINIMAL LANDLORD RESPONSIBILITIES | LOW-RISK
- HISTORIC BUILDING BUILT IN 1882 | RECENT RENOVATIONS | HIGH VISIBILITY & FRONTAGE ON NORTHWESTERN HWY (M-10)
- BUSY NORTHWESTERN HWY | FEATURES 47,000+ VPD | NORTHWESTERN HWY TURNS INTO JOHN C LODGE FREEWAY
- (1) 5-YEAR OPTION | RENT INCREASES TO $13.50 PSF | FEE SIMPLE ASSET | OFFERED FREE & CLEAR OF DEBT
- PROPERTY FEATURES LARGE EXTERIOR SIGNAGE | SUPERB AND GROWING DEMOS | 297k PEOPLE IN 5 MILES
FOR SALE DETAILS
PRICE
$1,150,000 USD
PRICE/SF
$329 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1882
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,326 SF
ZONING
B-3
APN/PARCEL ID
18-35-301-034
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248-226-1610
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248-226-1610
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