9846 E Grand River Ave - Service FOR SALE
Brighton, MI 48116 |
$995,000 USD
248-702-0288
9846 E Grand River Ave
Brighton, MI 48116
HIGHLIGHTS
- Absolute NNN Lease with Zero Landlord Responsibilities - 15 Year Lease with Annual 3 Percent Increases throughout and In Options
- A True "Mailbox Management" Asset
- Lease Supports Two, 5-Year Options to Renew
- Very Strong Location - Grand River Avenue is the Heart and Most Heavily Traveled Thoroughfare in Livingston County
- JAM Automotive is Franchisee - 3 Year Personal Guaranty from Operator
- Positioned Within a Retail Corridor Surrounded by National Retailers Including Kroger, Jimmy John's, Starbucks, and AutoZone
FOR SALE DETAILS
PRICE
$995,000 USD
PRICE/SF
$309 USD /SF
CAP RATE
8.07%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Auto-Lab Complete Car Care Center
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1945
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
7
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.42
LAND SF
18,295
ZONING
C2
APN/PARCEL ID
18-32-300-010
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
248-702-0288
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
248-702-0288
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
