High Traffic Retail Corner - Drive Thru Site Plan Approved
Retail-Commercial
for Sale
Catylist Listing ID: |
30597447 |
Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Other
|
Building Size (RSF): |
3,549 SF
|
Gross Land Area: |
0.92 Acres
|
Sale Price: |
$1,250,000 |
Unit Price: |
$352.21 PSF |
Has Drive-Thru? |
Yes |
Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
Building Name: |
Happy's Pizza |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
8/12/2022 |
Overview / Comments
Heavily traveled corner lot located at the southwest corner of Andersonville and Dixie Highway. 3,549 SF Retail building is currently comprised of 2 suites, one being vacant (previous cell phone store) and the other with Happy’s Pizza as a longstanding month to month tenant. Current owner recently received site plan approval for a drive-thru (see proposed site plan on pg. 4). New roof in 2020 (10 year transferrable warranty) and new HVAC unit 2018. Great investment opportunity!
|
Current Tenants
Tenant Business Name |
Happy's Pizza |
Is Renting? |
Yes |
SF of Space Occupied |
1,879 SF |
Tenant Business Name |
Happy's Pizza |
Is Renting? |
Yes |
SF of Space Occupied |
1,879 SF |
Additional Details
Nearest MSA: |
Detroit-Warren-Dearborn |
County: |
Oakland |
Submarket/Township: |
Lakes Area |
Tax ID/APN: |
1304108025 |
Tenancy: |
Multiple Tenants |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
7,964 |
49,154 |
134,581 |
Median Age: |
40.93 |
40.91 |
39.33 |
Households: |
3,298 |
19,365 |
52,530 |
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