408 W Maumee St - Convenience Store FOR SALE
Adrian, MI 49221 |
$1,625,000 USD
248-702-0288
408 W Maumee St
Adrian, MI 49221
HIGHLIGHTS
- Store converted to Dollar Tree with Full Corporate Guarantee | (4) 5 Year options remaining
- Located near retailers such as Huntington Bank, The Salvation Army, Subway, Great Lakes Ace Hardware Store and many more
- Dollar Tree is located 1 mile from Adrian College | Enrolls 1,900+ students per year
- Near Siena Heights University | Private, Catholic university on 140 Acres | 1.5 Miles from subject property
- West Maumee St averages 8,300+ vehicles per day
- Average household income is $76,990 within a 9 mile radius
FOR SALE DETAILS
PRICE
$1,625,000 USD
PRICE/SF
$82 USD /SF
CAP RATE
8.95%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar Tree
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.79 AC
LAND SF
208,652 SF
ZONING
B-4
APN/PARCEL ID
XA0-325-0028-01
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248-702-0288
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248-702-0288
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