$1,550,000 USD
248-702-0288
HIGHLIGHTS
- Fully-Occupied Multi-Tenant Retail Center With a Strong Mix of Local Service-Based Tenants
- ATI Physical Therapy Recently Executed a 10-Year Lease Extension with 2% Annual Increases
- ATI Physical Therapy Has a Long-Term Commitment to the Site and Has Been at the Center Since 2006
- Brand New Roof Installed in 2023 with a 20-Year Warranty
- Situated Along West 7 Mile Road Which Has Daily Traffic Counts Exceeding 20,300 Vehicles
- Strategically Positioned Within Close Proximity to Major Freeways
FOR SALE DETAILS
PRICE
$1,550,000 USD
PRICE/SF
$214 USD /SF
CAP RATE
7.8%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.48 AC
LAND SF
21,083 SF
ZONING
B2
APN/PARCEL ID
16-00870-512
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248-702-0288
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248-702-0288
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