337 N State St - Drug Store FOR SALE


Otisville, MI 48463
$1,200,000 USD
248-226-1610
337 N State St, Otisville, MI for Sale
$1,200,000 USD
Drug Store - FOR SALE
1/4
null | Request Cap Rate

337 N State St
Otisville, MI 48463


OVERVIEW

Available for Sale or Lease Sale Price: $1,200,000 Lease Rate: $12.00/SF Plus NNN 10,220 +/- Sq. Ft. | 3.71 Acres | Over 80 Parking Spaces Below Replacement Cost at $140 PSF Signalized Corner | Main Road Monument Sign Fully Equipped with Shelving, Displays, Counters, Cabinets, and Coolers. 2 Roof-Top HVAC Units 3 Points of Ingress & Egress | N State Road & Beecher Street | 250 +/- Ft. Frontage on N State Street Built 1994 | 2020 Renovation & New Roof with 25-Year Transferable Warranty $81k+ Avg. HHI in 5-Mile Radius

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Rite Aid (For Sale or Lease)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C

APN/PARCEL ID

09-21-400-015,09-21-576-024,09-21-576-036

ASK ABOUT THIS PROPERTY

Simon JonnaJonna GroupMore Info
248-226-1610

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Simon JonnaJonna GroupMore Info
248-226-1610

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