10533 Gratiot Ave - Fast Food FOR SALE


Detroit, MI 48213- East Side
$1,250,000 USD
313-363-1010
10533 Gratiot Ave, Detroit, MI for Sale
$1,250,000 USD
Fast Food - FOR SALE
1/4
null | Request Cap Rate

10533 Gratiot Ave
Detroit, MI 48213
East Side


HIGHLIGHTS

  • Tenant has 20-year lease at $4,583 per month with increases and four (4) 5-year extensions, which sits on Parcel A.
  • Parcel B is 1.15 acres (141' frontage).
  • Sale Price: $1,250,000 ($930.06/sq ft).

OVERVIEW

Tenant has 20-year lease at $4,583 per month with increases and four (4) 5-year extensions, which sits on Parcel A. Parcel B is 1.15 acres (141' frontage). See survey on flyer.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$930 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

M-2

APN/PARCEL ID

17-000735-001

ASK ABOUT THIS PROPERTY

Christopher MonsourSignature AssociatesMore Info
313-363-1010

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Christopher MonsourSignature AssociatesMore Info
313-363-1010

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