20425-20427 Plymouth Rd - Freestanding FOR SALE
Detroit, MI 48228 |
20425-20427 Plymouth Rd
Detroit, MI 48228
HIGHLIGHTS
- Two-tenant retail center with immediate upside through leasing the remaining vacancy that was formerly occupied by Save A Lot.
- Ample parking with prime frontage and visibility on a main area artery that sees nearly 10,000 vehicles passing by each day.
- Excellent opportunity for a value-add investor with significant upside through long-term lease-up or repositioning and modernization.
- Professional property management will allow an investor to minimize expenses and maximize profits.
- Beauty Supply (Value Center) occupies 63% of the leasable area and has been at this location for more than 25 years.
- Recent capital expenditure includes the HVAC replaced in 2019 and 2010.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Former Save A Lot Multi-Tenant Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
48582
STORIES
1
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
400
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
22-005427-004
