41395 Wilcox Rd - Veterinarian/Kennel FOR SALE


Plymouth, MI 48170
$1,161,000 USD
332-345-4164
41395 Wilcox Rd, Plymouth, MI for Sale
$1,161,000 USD
Veterinarian/Kennel - FOR SALE
1/3
null | 9.29% Cap Rate

41395 Wilcox Rd
Plymouth, MI 48170


HIGHLIGHTS

  • Long Term Double Net (NN) Lease
  • Inflation-Protected Lease Structure
  • E-Commerce & Recession-Resistant Property
  • Robust Industry Growth

OVERVIEW

Surmount is pleased to present the exclusive listing for a Blue River PetCare located at 41395 Wilcox Road, Plymouth, MI 48170. The site consists of roughly 15,676 rentable square feet of building space on an estimated 2-acre parcel of land. This Blue River PetCare is subject to a 10-year Double Net (NN) lease, which commenced 7/10/2018. The current annual rent is $107,866 and has scheduled increases of uncapped cpi every 5 years.

FOR SALE DETAILS

PRICE

$1,161,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

9.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blue River PetCare

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

R2A

APN/PARCEL ID

78-023-99-0020-001

ASK ABOUT THIS PROPERTY

Blake WoodsSurmountMore Info
332-345-4164

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Blake WoodsSurmountMore Info
332-345-4164

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