45290 Utica Park Blvd - Freestanding FOR SALE
Utica, MI 48315 |
$2,500,000 USD
978-866-0855
45290 Utica Park Blvd
Utica, MI 48315
HIGHLIGHTS
- 2nd & Charles recently signed a 7 Year extension
- Books a Million serves as the signatory on the Lease
- Shared access with Super Regional Shopping Center & McDonalds - Significant daily traffic
- The Golden Corridor - Detroit MSA - Hall Road
- Super Regional Trade Area - Sterling Heights retail market services some of the most affluent & dense neighborhoods in the Detroit MSA
- Excellent Access & Visibility from Hall Road (89,932 vehicles per day)
OVERVIEW
Atlantic Capital Partners has been engaged to solicit offers for the sale of 2nd & Charles | Utica, Michigan. This 30,000 SF asset has been 100% occupied by 2nd & Charles since 2016 with unmatched positioning along Hall Road in a major regional retail market servicing the densely populated local community north of downtown Detroit.
FOR SALE DETAILS
PRICE
$2,500,000 USD
PRICE/SF
$83 USD /SF
CAP RATE
7.86%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
2nd & Charles | Utica, MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1993
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.69 AC
LAND SF
73,616 SF
ZONING
MXD
APN/PARCEL ID
11-07-35-300-055
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978-866-0855
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