25377-25397 Schoenherr Rd - Storefront FOR SALE
Warren, MI 48089 |
25377-25397 Schoenherr Rd
Warren, MI 48089
HIGHLIGHTS
- The property is situated on a pad site adjacent to a 155,000 SF Meijer Supercenter at the northwest corner of Ten Mile and Schoenherr Roads in Warren.
- Stable asset with long-term leases, featuring a weighted average lease term (WALT) of just over six years across four leases.
- Current leases include rental increases during the primary lease terms, which provides potential upside for the asset.
- Dunkin’ Donuts and Taco Bell both operate on a pad site adjacent to the Meijer along Ten Mile Road.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
9304
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
53
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
12-13-23-476-014
