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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
11879644
11879645

19000 W Warren Ave, Detroit, MI 48228

HY
MI 6501433927
NAI Farbman Southfield
NC
MI 6501410787
NAI Farbman
Listed by NAI Farbman Southfield, NAI Farbman
$400,000
1084 days on market
Updated 72 days ago

19000 W. Warren Avenue

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 2,562
Units 1
Cap Rate 8.70%
NOI $34,800
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 3
Remaining Term 3
Lease Options Yes
Class B
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.220
Zoning B4
Parking Spaces 20 spaces
Parking Per SqFt 7.81
Investment Type Net Lease
Ground Lease No

Operating Supermarket/Convenient Store For Sale

Investment highlights

  • Retail Building For Sale - Supermarket/Convenient Store Tenant Occupies the Space

  • Brand New Mechanicals

  • 3 years remaining on the lease with options

  • On-Site Parking!

  • Located on W. Warren between Evergreen and Southfield Fwy

Listing Contacts

HY
MI 6501433927
NAI Farbman Southfield
NC
MI 6501410787
NAI Farbman
Listed by NAI Farbman Southfield, NAI Farbman

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$34,800.00
$2,900.00/mo

Valuation Metrics

0
DSCR
8.7%
Cap Rate
8.7%
ROI

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