28720 Northwestern Hwy - Bank FOR SALE
Southfield, MI 48034 |
28720 Northwestern Hwy
Southfield, MI 48034
HIGHLIGHTS
- Ideal 1031 Exchange Property | Generational Asset
- 12 Years Remaining on PNC’s NNN Lease & McDonald’s Ground Lease
- Both Leases have Rent Increases Scheduled in 2027 Multiple Renewal Options Each Containing Rent Escalations
- Corporate Guarantee by PNC Bank | S&P: A / Moody’s: A2 5th Largest Bank by Number of Branch Offices in the U.S.
- 3 Drive-Thru Lanes | 1 Dedicated ATM Lane Strong Deposits: $66.5 Million
- Prime Location Near Southfield’s Office Hub 30 Million SF of Office Space within a 5-Mile Radius
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
3000
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
24-18-226-032
