1156 W Huron St - Drug Store FOR SALE


Waterford, MI 48328
$1,748,400 USD
248-702-0288
1156 W Huron St, Waterford, MI for Sale
$1,748,400 USD
Drug Store - FOR SALE
1/2
null | 9.8% Cap Rate

1156 W Huron St
Waterford, MI 48328


HIGHLIGHTS

  • 10,922 SF Single Tenant Free Standing Building Situated on 1.16 Acres In Waterford, MI
  • CVS Has Vacated Location - Lease Obligation Runs Until March 2027
  • Can Be Delivered Free & Clear of Lease For Immediate Occupancy
  • Absolute "NNN" Net Lease - No Landlord Responsibilities
  • Strong Traffic Counts | 18,000+ Vehicles Per Day On W Huron
  • Located Less Than 3/4 Mile From A Brand New 75,000 SF DTE Customer Service Center Employing 200 Workers

OVERVIEW

10,922 SF Single Tenant Free Standing Building Situated on 1.16 Acres In Waterford, MI CVS Has Vacated Location - Lease Obligation Runs Until March 2027 Can Be Delivered Free & Clear of Lease For Immediate Occupancy OR Attractive Opportunity To Collect Remaining Rent While Working to Re-Tenant Property Absolute "NNN" Net Lease - No Landlord Responsibilities Dense Demographics | 161,000+ Residents Within 5 Miles Strong Tra?c Counts | 18,000+ Vehicles Per Day On W Huron Located Less Than 3/4 Mile From A Brand New 75,000 SF DTE Customer Service Center Employing 200 Workers

FOR SALE DETAILS

PRICE

$1,748,400 USD

PRICE/SF

$160 USD /SF

CAP RATE

9.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant CVS W/ 2+ Years of NNN Rent

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C2

APN/PARCEL ID

13-25-451-022,13-25-451-023,13-25-451-034,13-25-451-035

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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