5524-5540 Schaefer Rd - Freestanding FOR SALE


Dearborn, MI 48126- Downtown Dearborn
$1,600,000 USD
248-554-5709
5524-5540 Schaefer Rd, Dearborn, MI for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/1
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5524-5540 Schaefer Rd
Dearborn, MI 48126
Downtown Dearborn


HIGHLIGHTS

  • Zoned BB to accommodate a variety of retail uses
  • Prime location in the vibrant Dearborn area
  • High visibility and foot traffic for maximum exposure | 70K VPD

OVERVIEW

* Advance Auto Parts has vacated the property. The tenant is obligated to pay rent per the lease until 06/2027. The rent is $88,000 annually and in addition to the rent the tenant is responsible to pay the taxes and insurance. *

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

BB

APN/PARCEL ID

32-10-171-01-031

ASK ABOUT THIS PROPERTY

Ayson ShammamiAPEX Commercial Real Estate AdvisorsMore Info
248-554-5709

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Ayson ShammamiAPEX Commercial Real Estate AdvisorsMore Info
248-554-5709

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