36901 Garfield Rd - Freestanding FOR SALE


Clinton Township, MI 48035 | 
$1,100,000 USD
248-476-3700
36901 Garfield Rd, Clinton Township, MI for Sale
$1,100,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

36901 Garfield Rd
Clinton Township, MI 48035


HIGHLIGHTS

  • 15,128 SF building on 1.53 acres
  • 100% leased to Great Shots Backyard Bar & Games
  • Modified gross lease with 1.5% annual increases to base rent
  • Below-market in place rent provides meaningful upside upon future renewal

OVERVIEW

Situated near the southwest corner of two major roads, Garfield Rd and Metropolitan Parkway, 36901 Garfield Road presents investors with an opportunity to acquire a 15,128 SF commercial property on 1.53 acres in Clinton Township at an attractive basis of approximately $72 per square foot.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.53 AC

LAND SF

66,647 SF

ZONING

B-2

APN/PARCEL ID

16-22-30-228-018

ASK ABOUT THIS PROPERTY

Dave TeschThomas Duke CompanyMore Info
248-476-3700

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Dave TeschThomas Duke CompanyMore Info
248-476-3700

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