1318 E Bristol Rd - Bank FOR SALE
Burton, MI 48529 |
$1,309,091 USD
248-579-5045
1318 E Bristol Rd
Burton, MI 48529
HIGHLIGHTS
- Brand New 10Year Absolute NNN Lease - New lease commencing September 1, 2026
- Long – Term Tenant Occupancy – Tenant has occupied the location for over 45 Years
- True Passive Income Absolute NNN - Tenant is responsible for roof, structure, HVAC, taxes, insurance, and CAM, eliminating operational risk
- Built-In Rent Growth - Attractive 10% rent increase in the extended term along with multiple renewal options, providing long-term income upside
- High-Visibility Location with Strong Traffic Counts - Positioned along Bristol Road with 22,000 VPD and immediate proximity to I475 with 45,000 VPD
- Surrounded by national and regional retailers including Kroger, Dollar General, McDonald’s, Tim Hortons, and others, supporting strong consumers
FOR SALE DETAILS
PRICE
$1,309,091 USD
PRICE/SF
$741 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Huntington National Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
SPRINKLERS
-
PARKING SPACES
33
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
M-1
APN/PARCEL ID
59-31-200-001
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248-579-5045
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248-579-5045
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