20030 Ecorse Rd - Drug Store FOR SALE
Taylor, MI 48180 |
$1,957,000 USD
248-702-0288
20030 Ecorse Rd
Taylor, MI 48180
HIGHLIGHTS
- Rare $9.45 Rent PSF. Lowest Rent Walgreens Available in Wayne County Michigan - 1%+/- Rent to Sales Ratio - Primary Market Taylor, Michigan
- True Fundamental Covered Land Play - 1.62 Acre (Main on Main Corner), 14,490 SF All Brick 2001 Construction Building
- Generational Location - Recent 10-Year Lease Extension with 8 Years Remaining in Term
- Five (5), 5-Year Options Available W/ a One Time 24% Increase in the Options
- Long-Term Commitment to the Site with Over 20 Years at this Location
- Surrounded by National Retailers Including Advance Auto Parts, Burger King, Dollar Tree, Kroger, McDonald's, Taco Bell and Wendy's
FOR SALE DETAILS
PRICE
$1,957,000 USD
PRICE/SF
$135 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
66
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
B1
APN/PARCEL ID
60-004-01-0014-304
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
248-702-0288
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
248-702-0288
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
