14305 Harper Ave - Freestanding FOR SALE


Detroit, MI 48213- Conner
$1,400,000 USD
248-207-6307
14305 Harper Ave, Detroit, MI for Sale
$1,400,000 USD
Freestanding - FOR SALE
1/5
null | 8% Cap Rate

14305 Harper Ave
Detroit, MI 48213
Conner


OVERVIEW

PROPERTY HIGHLIGHTS: Single-tenant net lease Family Dollar property located in Detroit, MI New 2015 renovation NNN+ lease with ±2.7 years remaining and (2) 5-year renewal options Located at the hard corner of Harper Avenue & Chalmers Street with multiple points of entry/access Offered at low rent/SF – strong credit asset at well below replacement cost ±8,000 SF building situated on ±0.35 acres Strong dollar store demographics in a densely populated market, just 15 minutes from downtown Detroit, MI

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

B4

APN/PARCEL ID

21-0043700

ASK ABOUT THIS PROPERTY

Joseph ManuelMy Realty LLCMore Info
248-207-6307

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Joseph ManuelMy Realty LLCMore Info
248-207-6307

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