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: |
9/21/2022 |
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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