27010 Dequindre Rd - Convenience Store FOR SALE


Warren, MI 48092- Northwest Warren
$2,226,000 USD
617-865-1145
27010 Dequindre Rd, Warren, MI for Sale
$2,226,000 USD
Convenience Store - FOR SALE
1/2
null | 5.5% Cap Rate

27010 Dequindre Rd
Warren, MI 48092
Northwest Warren


HIGHLIGHTS

  • Absolute Triple Net Ground Lease with No Landlord Responsibilities
  • 26+ Years of Proven Performance with New 12-Year Extension
  • Surrounding National Tenancy Driving Retail Demand

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a 7-Eleven located at 27010 Dequindre Road, Warren, Michigan 48092. The site consists of roughly 2174 rentable square feet of building space on an estimated 0.69-acre parcel of land. This 7-Eleven is subject to a 39-year Triple Net (NNN) lease, which commenced 8/15/1999. The current annual rent is $122,448 and has scheduled increases of 10.00% in 2033 & Every 5 Years Thereafter.

FOR SALE DETAILS

PRICE

$2,226,000 USD

PRICE/SF

$1,024 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

C2, Warren

APN/PARCEL ID

12-13-18-351-002

ASK ABOUT THIS PROPERTY

Josh KanterSurmountMore Info
617-865-1145

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Josh KanterSurmountMore Info
617-865-1145

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