Catylist ID:
#30818702
| Catylist Listing ID: | 30818702 |
| Property Subtypes: | Street Retail |
| Building Size (RSF): | 72,653 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $8,535,000 |
| Unit Price: | $117.48 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.75% |
| Average Occupancy Rate: | 95 |
| Last Updated: | 9/13/2023 |
Overview / Comments
|
Grocery Anchored with national retailers and a good tenant mix Substantially leased with good surface parking On primary roadway with good visibility No substantial immediate area competition Growing upscale area with new $4 biliion GM Lake Orion plant |
Attachments & Media
Additional Details
| Nearest MSA: | Detroit-Warren-Dearborn |
| County: | Oakland |
| Tax ID/APN: | 1 |
| Zoning: | B-2, COMMUNITY BUSINESS DISTRICT |
| Year Built: | 1992 |
| Zoning Description: | B-2, Community Business District |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 10,673 | 27,951 |
| Median Age: | 42.16 | 41.25 |
| Households: | 3,700 | 9,842 |
Contact
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