174 Southfield Rd - Freestanding FOR SALE


Ecorse, MI 48229
$1,430,000 USD
561-503-3648
174 Southfield Rd, Ecorse, MI for Sale
$1,430,000 USD
Freestanding - FOR SALE
1/9
null | 7.23% Cap Rate

174 Southfield Rd
Ecorse, MI 48229


OVERVIEW

• Newer 2011 construction • Nearly certain lease renewal in 2027 • Lease includes corporate guarantee!! • High performing store that has consistently returned strong sales numbers over preceding 15 years. • Strong corner lot location on Southfield Rd, which boasts more than 23,000 vehicles daily • Strong 5-mile demographics in excess of 199,400 residents • Ecorse is part of the Detroit MS and is located just 12 miles from downtown Detroit

FOR SALE DETAILS

PRICE

$1,430,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

7.23%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Russell GoldsteinThe Goldstein Group (MRG Associates, LLC)More Info
561-503-3648

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Russell GoldsteinThe Goldstein Group (MRG Associates, LLC)More Info
561-503-3648

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